Archive · 30 May 2025
SBI: India's Household Savings Projected to Surge in FY25
According to SBI Research, Indian citizens are expected to save more money in the coming year.
Total savings could reach ₹22 lakh crore, or about 6.5% of the country's total income.
This is an increase compared to the previous year.
The Reserve Bank of India's balance sheet also grew.
The RBI's digital currency pilot program also saw a substantial increase in use.
Increased issuance of durable Rs 10 coins alongside reduced Rs 10 notes marks a cost-effective currency shift.
SBI projects household savings to reach ₹22 lakh crore in FY25.
The projected savings equal approximately 6.5% of India’s GNDI.
Household savings were 5.1% of GNDI in FY24.
RBI's balance sheet expanded by 8.19% in FY25.
RBI's digital currency pilot saw a 334% increase in circulation value.
- Who
- SBI and RBI
- What
- Projected increase in household savings, RBI's balance sheet expansion, and gold holdings.
- When
- FY25 (2024-2025) and FY24 (2023-2024)
- Where
- India
- Why
- To report on household financial savings, RBI's financial activities, and economic trends.
- Projected Household Savings (FY25)
- Rs 22 lakh crore
- Projected Savings (% of GNDI, FY25)
- 6.5%
- Savings (% of GNDI, FY24)
- 5.1%
- RBI Balance Sheet Expansion (FY25)
- 8.19%
- Total Gold Holdings (FY25)
- 879.58 metric tonnes
Sources
Currency printing expenditure rises 25 pc to Rs 6,372.8 cr in FY25: RBI report
Currency printing cost rises 25% to Rs 6,372.8 crore in FY25: RBI
e-Rupee in circulation grows to ₹1,016 crore; RBI explores cross-border CBDC pilots
E-rupee in circulation grows to Rs 1,000 crore, says RBI
RBI reports increase in surplus transfer driven by foreign exchange gains in FY25
Fake currency notes detected in banking system fall for third consecutive year
RBI confident of keeping inflation below 4% over the year in FY26: Annual Report
RBI’s balance sheet grows 8.2% to Rs 76.25 lakh crore in FY25, delivers Rs 2.69 lakh crore dividend to government
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RBI posted Rs 3.38 lakh cr income on strong foreign asset returns, forex sales
Fake currency note detections drop for third year
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SBI Research puts India's net financial savings at Rs 22 lakh crore in FY25
Net financial savings may touch ₹22 lakh crore in FY25: SBI research report
SBI sees Rs 22 lakh crore household savings supporting India’s fiscal health in FY25
