Our post-pandemic slump in household savings should disappoint but not alarm us

A sharp drop in India’s net household financial savings largely reflects post-covid trends that include a borrowing boom and physical asset upswell. A reversal will be welcome, though. Financial savings aren’t just bank balances. They include stock h

By: Livemint

May 09 2024
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Our post-pandemic slump in hou

With Indian savings a key source of funds for the economy, a drop in the sums that households have been setting aside has evoked concern. This could mean a smaller pool of money available for the economy’s use. It may also suggest that home budgets h... [3248 chars]