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Households are taking more loans to boost their spending

Express View: But there are limits to loan-driven consumption. A weakening of debt-led household consumption could have implications for the momentum in the broader economy ....

Reserve Bank Of India , Rbi Data , Household Gross Financial Assets , Household Loans , Bi Data On Household , Ndian Express News ,

Household sector not in distress Cong offering ill-informed arguments BJP

(This story has not been edited by THE WEEK and is auto-generated from a PTI ....

New Delhi , Narendra Modi , Amit Malviya , Jairam Ramesh , United Progressive Alliance , Household Gross Financial Assets , Congress Led United Progressive Alliance , Fragile Five , Congress Ruled Rajasthan ,

Centre rebuts RBI report, says no economic distress in households

Centre rebuts RBI report, says no economic distress in households
tribuneindia.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from tribuneindia.com Daily Mail and Mail on Sunday newspapers.

New Delhi , Sandeep Dikshit , Union Finance Ministry , Union Finance , Household Gross Financial Assets , Household Gross Financial Liabilities , Finance Ministry , North Block ,

Household savings report: There is no distress, says finance ministry

The finance ministry on Thursday sought to clarify that there was no distress in household savings and the data indicated that changing consumer preference for different financial products was the real reason for the change in the pattern of household savings.

The clarification comes in the backdrop of Reserve Bank of India data showing that household net financial savings rate is at its lowest in decades, at 5.1 per cent of GDP in FY23 compared to 7.2 per cent of GDP in FY22.

The divergence in the data for household gross financial assets and liabilities is not a cause for concern for the government, as the loans have largely been taken to buy real assets or automobiles, the finance ministry said. ....

Ruchika Chitravanshi , Uttam Ghosh Rediff , Madan Sabnavis , Reserve Bank , Household Gross Financial Assets , Household Gross Financial Liabilities , Business News , Usiness News India , Ndia Business News , Ndian Economy News , Ndian Financial News ,

Household savings reflect changing consumer preferences

Household savings reflect changing consumer preferences
milwaukeesun.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from milwaukeesun.com Daily Mail and Mail on Sunday newspapers.

New Delhi , Household Gross Financial Assets , Household Gross Financial Liabilities , Net Financial Assets , Non Banking Financial Corporations ,