Indians' net worth & debt, both at record highs: Study

Credit: IndiaTimes- Published on September 28, 2024
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.

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