Indian households’ net worth has soared to a record 157% of GDP in Q1 FY25, largely driven by substantial investments in equity and mutual funds. However, household debt has concurrently reached an unprecedented 42% of GDP. This dual rise highlights both increased financial assets and growing liabilities among Indian households.
Related Posts
Ahead of IPO, DAM Capital Advisors collects Rs 251 crore from anchor investors
DAM Capital Advisors has raised Rs 251 crore from anchor investors, including prominent names like Nomura, Goldman Sachs, and several mutual funds. The investment bank’s […]