SBI Research: Household Savings Seen at ₹22 Lakh Crore in FY25
A June 2025 SBI Research report said households saved more in financial assets in FY25, pointing to steadier macroeconomic conditions.
Key facts
- Net financial savings: ₹22 lakh crore, or 6.5% of GNDI (Gross National Disposable Income).
- RBI’s balance sheet grew 8.19%, below nominal GDP growth of 9.9%.
- RBI paid the government a ₹2.69 lakh crore surplus, adding fiscal space.
- Card and internet frauds fell from 29,802 cases to 13,516.
| Year | Savings share of GNDI |
|---|---|
| FY23 | 4.9% |
| FY24 | 5.1% |
| FY25 | 6.5% |
Significance
- Bigger savings form a capital pool to fund government and corporate deficits and support stability.
Exam angle
- Report by SBI Research; yardstick: GNDI.
- Related terms: fiscal space, net financial savings.