Growth opportunities: India’s household savings could channel $9.5 trillion into financial assets over next decade, says Goldman Sachs report
India’s household savings are set to generate cumulative inflows of nearly $9.5 trillion into financial assets over the next decade, according to a report by Goldman Sachs. The investment bank forecasts that household financial savings will average around 13 percent of GDP over the next decade, up from 11.6 percent in the previous ten years.“India’s…