Zee News As per the latest RBI data, household financial savings had declined sharply to 10.4 percent of the nation’s gross domestic product (GDP) in the July-September period of FY21, down from 21 percent of the GDP in Q1 of FY21. It is estimated to have further declined in the December quarter as consumption intensified and options to save were disincentivised. https://ift.tt/eA8V8J April 17, 2021 at 05:25PM As per the latest RBI data, household financial savings had declined sharply to 10.4 percent of the nation’s gross domestic product (GDP) in the July-September period of FY21, down from 21 percent of the GDP in Q1 of FY21. It is estimated to have further declined in the December quarter as consumption intensified and options to save were disincentivised.
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