Household savings sequentially contract to pre-COVID levels: RBI report

Preliminary estimates show household financial savings rate sequentially fell to to 10.4 per cent of GDP in Q2'2020-21 from the high of 21.0 per cent in the preceding quarter.

from Wealth-Economic Times https://economictimes.indiatimes.com/wealth/personal-finance-news/household-savings-sequentially-contract-to-pre-covid-levels-rbi-report/articleshow/81600014.cms