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Decoding Financial Behaviour: An Analysis of urbanised households in India using AIDIS 77th round

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  • Divya Sharma

Abstract

This research paper delves into the financial behavior of urbanized households in India, specifically focusing on million-plus agglomerations. Using data from the 77th round of the All India Debt and Investment Survey, the study analyzes assets, borrowing patterns, and the usage of financial instruments like bank accounts, e-wallets, and life insurance. The research explores demographic factors, household structures, and district-level parameters to understand the intricate financial landscape. With a focus on low-income households, the study identifies income, education, type of employment, and branches per capita as significant factors influencing financial behavior. The study contributes valuable insights for financial institutions, policymakers, and researchers seeking a comprehensive understanding of the financial lives of urban households in India.

Suggested Citation

  • Divya Sharma, 2024. "Decoding Financial Behaviour: An Analysis of urbanised households in India using AIDIS 77th round," Papers 2412.01867, arXiv.org.
    • Handle: RePEc:arx:papers:2412.01867
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    References listed on IDEAS

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    5. Asli Demirguc-Kunt & Leora Klapper, 2013. "Measuring Financial Inclusion: Explaining Variation in Use of Financial Services across and within Countries," Brookings Papers on Economic Activity, Economic Studies Program, The Brookings Institution, vol. 46(1 (Spring), pages 279-340.
    6. Daniela Gabor & Sally Brooks, 2017. "The digital revolution in financial inclusion: international development in the fintech era," New Political Economy, Taylor & Francis Journals, vol. 22(4), pages 423-436, July.
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