66% of household assets are kept as bank fixed deposits, cash: RBI bulletin - Today's Paper News, Breaking News, Top headlines, Latest Breaking News, Breaking News
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Sunday, June 14, 2020

66% of household assets are kept as bank fixed deposits, cash: RBI bulletin

The surge in assets is the result of a fall in consumption due to the Covid-induced lockdown, reveals the latest RBI bulletin. Meanwhile, borrowings have slumped. The financial liabilities of households were primarily in the form of loans and borrowings.

from Wealth-Economic Times https://ift.tt/2ULpkwT

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