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    HomeNewsOpinionChart of the Day: India’s household savings in non-bank assets grow, but below EMs

    Chart of the Day: India’s household savings in non-bank assets grow, but below EMs

    The overall AUM of retirement savings, insurance, and mutual funds grew at a 15 per cent CAGR which outpaced bank deposit CAGR of 9 per cent over the last ten years

    Moneycontrol Opinion
    May 23, 2024 / 10:37 IST
    One of the key positives of the high household savings rate is that it can help fund the domestic capex cycle without widening the country’s current account deficit
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