Indian households are moving beyond bank deposits and increasingly exploring avenues such as equity instruments and investment funds to deploy their savings, according to a research paper authored by the RBI staff.
While deposits have maintained their dominant position in the total financial wealth of households over the last decade, there has been a growing interest in other investment instruments such as equity and investment funds, insurance, and pension funds. Additionally, the share of equity and investment funds in the total financial wealth of households increased by more than 50 per cent between 2011-12 and 2022-23, the report said.
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Diese Geschichte stammt aus der July 20, 2024-Ausgabe von Business Standard.
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Industry bodies urge FinMin to ease TDS rate structure
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REIMAGINING ROLE OF AGRICULTURE
In the changed context of economic development, agriculture is seen playing a much larger role than perceived in the dominant thinking in development economics
Inside the world of mad billionaires
Two things about this book and its authors. One, this is the most unputdownable non-fiction that I have read this entire year.
Funding education
Easy financial assistance is not enough
Policy approach
RBI is acting selectively and with care
