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Financial wealth in India jumps 11% in COVID year to USD 3.4 trillion: Report

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Image Credit: deccan herald

Financial wealth in India grew 11 per cent to USD 3.4 trillion in 2020 despite the coronavirus pandemic, a global consultancy estimated on Tuesday. The 11 per cent growth in financial wealth was at par with the compounded annual growth rate for the five years to 2020, the report by BCG said. Financial wealth is defined as the total wealth excluding real assets and liabilities held by adult individuals.