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BW Businessworld

Saving For A Rainy Day

Photo Credit :

India is a country of savers. Despite a significant drop in savings rate — from 38 per cent of GDP in 2008 to 30 per cent currently — Indians manage to save a lot every year. Here’s a lowdown on how Indians save and what rich Indians do with their hoards...

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Compiled by Shailesh Menon; Graphic by Prashant Chaudhary

(This story was published in BW | Businessworld Issue Dated 25-08-2014)