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Households in COVID-19 vulnerable districts bought more gold during pandemic: IIMA study

As per the study, the share of gold in household savings portfolios in the CVD districts is significantly higher by 6.9 percentage points compared to other districts, and is accompanied by a shift away from financial asset holdings by 4.1 percentage points. ....

Oindrila Chatterjee , Sanket Mohapatra , Balagopal Gopalakrishnan , Indian Institute Of Management Ahmedabad , India Gold Policy Centre , Development Data Lab , Household Survey Of Gold Consumption , People Research On India Consumer Economy , Indian Institute , Management Ahmedabad , Household Survey , People Research , Consumer Economy , Development Data , Covid 19 ,

Households in Covid-19 vulnerable districts bought more gold during pandemic: IIMA study

Households in Covid-19 vulnerable districts bought more gold during pandemic: IIMA study
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Balagopal Gopalakrishnan , Sanket Mohapatra , Oindrila Chatterjee , Indian Institute Of Management Ahmedabad , Household Survey Of Gold Consumption , India Gold Policy Centre , Development Data Lab , People Research On India Consumer Economy , Indian Institute , Management Ahmedabad , Gold Monetisation Scheme , Household Survey , Gold Consumption , People Research , Consumer Economy , Development Data ,

Citi Exits Asia Retail To Focus On Wealth Management | Global Finance Magazine


Citi Exits Asia Retail To Focus On Wealth Management
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May 06, 2021
In a series of sweeping announcements, Citigroup unveiled plans to exit its consumer banking business in 13 markets, mostly in Asia-Pacific as well as other regions and turn its focus to wealth management. Markets affected by the global bank’s decision include Australia, Bahrain, China, India, Indonesia, Korea, Malaysia, the Philippines, Poland, Russia, Taiwan, Thailand and Vietnam.
Jane Fraser, Citigroup’s CEO as of March, plans to allocate capital and other resources to the most lucrative services, such as wealth management, to deliver the best results for institutional clients and higher value for shareholders. ....

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