India's household savings rate has been on a downward trajectory, raising concerns about its impact on the economy, particularly in comparison to other Asian nations. I n a previous blog, we discussed consumption patterns amidst growing debts in Indian households. Today, we provide an overview of India's savings rate relative to its neighbouring countries.…

As a millennial writing this, I can’t help but think back to my dad’s constant advice about saving. From my first paycheck to my part-time job at Domino’s during university, he made sure I followed the 20:40:40 rule for managing my finances.   Fast forward to today—after working in the fintech space and…