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Households likely to build back financial assets as incomes rise, says RBI Dy Guv Michael Patra

By Economic Times - 3 months ago
Recently, the net financial savings of households, have almost halved from the levels that existed in 2020-21 because of behavioural shifts underway in the form of unwinding of prudential savings accumulated during the pandemic as well as transitions from financial assets to physical assets such as housing, Patra said.

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