Karvy Says Total Individual Wealth In India Is INR 304 Lakh Crore
Friday, December 16, 2016, 2:29 PM
Total wealth held by citizens of India, has grown by 8.5%. Total individual wealth in India, is a whopping INR 304 Lakh crores. Karvy expects citizen’s wealth to grow as post demonetization, more money will flow into the banking system. Karvy believes that over time, this wealth will flow into equities, mutual funds and even fixed deposits.