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Indian wealth rises and continues slow shift to financialisation: Karvy

Individual wealth in India has risen by 9.6% in 2019, down from 13.5% the previous year. But, this year’s increase came despite a 3% contraction in the global HNW population and volatile equity markets, according to the Karvy India Wealth Report 2019. Data since 2014 has pointed to a clear and widely observed trend for Indian wealth. Financial assets are…

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