Indians' net worth & debt, both at record highs: Study

Indian households' net worth has soared to a record 157% of GDP in Q1 FY25, largely driven by substantial investments in equity and mutual funds. However, household debt has concurrently reached an unprecedented 42% of GDP. This dual rise highlights both increased financial assets and growing liabilities among Indian households.

Sep 28, 2024 - 07:30

Indians' net worth & debt, both at record highs: Study

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Indian households' net worth has soared to a record 157% of GDP in Q1 FY25, largely driven by substantial investments in equity and mutual funds. However, household debt has concurrently reached an unprecedented 42% of GDP. This dual rise highlights both increased financial assets and growing liabilities among Indian households.