New Delhi, Aug. 25 -- India's household savings are expected to generate cumulative inflows of around USD 9.5 trillion into financial assets over the next ten years, according to a report by Goldman Sachs.

The report highlighted that household financial savings in India are projected to average around 13 per cent of GDP over the coming decade.

It said, "India's household financial savings to average around 13 per cent of GDP over the next ten years as a base-case (vs. average 11.6 per cent of GDP observed in the previous ten years)."

The rise in financial savings will translate into significant inflows across various instruments, reflecting the gradual shift of households from physical to financial assets.

Out of the total inflows, Go...