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Poor saving habit

News and Press Release - Dated:- 6-8-2016 - A survey by HSBC (Hong Kong and Shanghai Banking Corporation Limited) named Generations and Journeys observed that a large number (47 per cent) of working age people in India have either not started saving .....

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s-financial saving and physical saving. Household financial savings consists of their savings in terms of financial assets like bank deposits, shares and debentures, etc. Household physical saving consists of household construction, their possession .....

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households saved about 19.1 per cent of the of the Gross domestic product, of which their physical savings consisted of 11.4 percentage points and financial savings consisted of 7.7 percentage points, indicating that Indian households save more in p .....

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households reported possession of bullion and ornaments. The strong bullion preference of Indian households, along with the generally high inflation and inadequate access to banking and financial channels that prevailed during the last decade, to a .....

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Government for financial inclusion Pradhan Mantri Jan-Dhan Yojana (PMJDY) - about 22.65 crore of bank accounts have been created till 27th July 2016 with a balance of over ₹ 40750 crore in these accounts. The initiatives like the re-launch of .....

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