India's Household Savings Soar to 7% of GNDI in FY25

In a shocking turn of events, India's household savings soared to 7% of GNDI in 2024-25, up from 5.8% the year before! Thanks to a big drop in debts, people are stashing away more cash, even though total savings took a tiny dip. Deposits are the crowd favorite, with pensions and insurance joining the party. Who knew saving could be this exciting?