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Increasing interest among households towards equity instruments: RBI report

Business Standard LogoBusiness Standard7h ago

Increasing interest among households towards equity instruments: RBI report - Business Standard

Quick Summary:

Additionally, the report states that the participation of Indian households in the equity market has significantly increased over time.

Further, the equity wealth of households stood at 10.3 per cent of GDP in Q1 FY12, which rose to a peak of 19.4 per cent of GDP in Q3 FY22, and then subsequently moderated to 14.9 per cent of GDP in Q4 FY23.

Households are increasingly exploring avenues beyond bank deposits, such as equity instruments and investment funds, to deploy their savings.


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Article Details

Category: BusinessFinance

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-07-19 @ 19:40:26 (7 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 513 words

Reading Time: 3 minutes read

Sentences: 19 lines

Sentence Length: 27 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 21684798

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About Business Standard

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Main Topics: BusinessFinance

Official Website: business-standard.com

Update Frequency: 294 posts per day

Year Established: 1975

Headquarters: India

News Last Updated: 3 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +5:00

Content Availability: Worldwide

News Language: English

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API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #49

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