India emerged as one of the fastest-growing wealth markets in the world, as Indian household financial assets rose by 14.5 per cent in 2024 on a YoY basis, according to a recent report. The Allianz Global Wealth Report 2025 revealed that the wealth of Indian households showed the strongest growth in eight years, highlighting the growing influence of the country's middle class.

In the last twenty years, India's real per capita financial assets have multiplied fivefold, ranking it among the most impressive wealth trajectories of emerging economies. Securities led growth last year, jumping 28.7 per cent, while insurance and pensions rose 19.7 per cent.

Bank deposits, comprising 54 per cent of household portfolios, surged 8.7 per cent. Financial assets rose 9.4 per cent when adjusted for inf

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