India's household wealth growth crawls, debt jumps: Credit Suisse study
- Household wealth grew by 5.2% in dollar terms in the year till 30 June against the 11% average growth in the 20 yrs to 2019
- The report estimates that 78% of India’s adult population has wealth below $10,000, while 1.8% of India’s population has more than $100,000
Mumbai: Wealth creation in India slowed to a crawl in the year ended 30 June even as household debt jumped, a Credit Suisse study found.
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