Flow · Banks and financial institutions → Saving and investment
Financial firms' saving
Value in 2023-24
₹9.91 lakh crore
3.4% of GDP
Gross flows can exceed GDP. GDP counts only final output once; the map also shows the inputs firms buy from each other and the money that passes through financial markets.
This amount adds up several entries of the accounts. The label for how its parts were made is the least certain kind of entry that carries at least 10% of the value:Set when the accounts were balanced so that every row and column adds up; the change was large enough to need an explanation.How the parts were madeThe total is held to these figures from published statistics:
What it is
Gross saving of financial corporations. The total follows national accounts; its split among banks, NBFCs, insurers and the RBI is estimated, and two official sources disagree on it (Checkpoint B).
Trend
Financial firms' saving
SAM 2023-24: 3.4% of GDP
- 2022-23: Source changes from mospi_nas_2026_oldbase_nas2025_s1_9 (NO) to mospi_nas_2026_s1_9 (NN). New GDP base (2022-23). Earlier years are on the 2011-12 base; levels are not directly comparable, shares are closer.
Checked against the 2023-24 SAM: the series matches.
What is inside
The entries that make up this flow, largest first.
| Item | Value | Label |
|---|---|---|
| Financial firms' saving, by type (K2a · private) Before → after balancing: ₹1.82 lakh crore → ₹2.17 lakh crore (19.2%) Why it moved: level unexplained. Explained in direction; level unexplained (fincorp-34; the sources disagree). K_NBFC <- E_NBFC K2a private, 1,82,060 -> 2,17,059 (34,999, +19.2%; z 1.192; free low; binding: k2.fc_saving_total (target 9,91,448, balanced … Held by: FC gross saving = NAS 1.9; Private FC gross saving = NAS 1.9 (co-op banks private, D2-14) | ₹2.17 lakh crore | Set by balancing |
| Financial firms' saving, by type (K2a · public) Before → after balancing: ₹2.28 lakh crore → ₹2.06 lakh crore (−9.7%) Why it moved: level unexplained. Explained in direction; level unexplained (fincorp-34; the sources disagree). K_BANK <- E_BANK K2a public, 2,28,145 -> 2,05,908 (-22,237, -9.7%; z 0.903; free low; binding: k2.fc_saving_total (target 9,91,448, balanced 9… Held by: FC gross saving = NAS 1.9 | ₹2.06 lakh crore | Set by balancing |
| Financial firms' saving, by type (K2a · private) Before → after balancing: ₹2.31 lakh crore → ₹2.06 lakh crore (−10.9%) Why it moved: level unexplained. Explained in direction; level unexplained (fincorp-34; the sources disagree). K_BANK <- E_BANK K2a private, 2,30,814 -> 2,05,682 (-25,132, -10.9%; z 0.891; free low; binding: k2.fc_saving_total (target 9,91,448, balanced… Held by: FC gross saving = NAS 1.9; Private FC gross saving = NAS 1.9 (co-op banks private, D2-14) | ₹2.06 lakh crore | Set by balancing |
| Financial firms' saving, by type (K2a · public) Before → after balancing: ₹1.56 lakh crore → ₹1.88 lakh crore (20.7%) Why it moved: level unexplained. Explained in direction; level unexplained (fincorp-34; the sources disagree). K_NBFC <- E_NBFC K2a public, 1,55,823 -> 1,88,159 (32,335, +20.8%; z 1.208; free low; binding: k2.fc_saving_total (target 9,91,448, balanced 9… Held by: FC gross saving = NAS 1.9 | ₹1.88 lakh crore | Set by balancing |
| Financial firms' saving, by type (K2a · public) Before → after balancing: ₹94,183 crore → ₹96,659 crore (2.6%) Held by: FC gross saving = NAS 1.9; RBI saving near the NAS-derived figure on the RBI AR basis (band Rs 2,500 crore) | ₹96,659 crore | Estimated |
| Financial firms' saving, by type (K2a · public) Before → after balancing: ₹57,359 crore → ₹44,779 crore (−21.9%) Why it moved: explained. Explained. K_INSP <- E_INSP K2a public, 57,359 -> 44,784 (-12,575, -21.9%; z 0.781; free low; binding: k2.fc_saving_total (target 9,91,448, balanced 9,91,449, at its upper edge)). E_INSP ran a -1,21,568 deficit because i… Held by: FC gross saving = NAS 1.9 | ₹44,779 crore | Set by balancing |
| Financial firms' saving, by type (K2a · private) Before → after balancing: ₹43,064 crore → ₹33,193 crore (−22.9%) Why it moved: explained. Explained. K_INSP <- E_INSP K2a private, 43,064 -> 33,198 (-9,866, -22.9%; z 0.771; free low; binding: k2.fc_saving_total (target 9,91,448, balanced 9,91,449, at its upper edge); k2.private (target 4,55,938, balanced 4,5… Held by: FC gross saving = NAS 1.9; Private FC gross saving = NAS 1.9 (co-op banks private, D2-14) | ₹33,193 crore | Set by balancing |
Sources
- IRDAI Handbook on Indian Insurance Statistics 2024-25Insurance Regulatory and Development Authority of India. Table Table 44, Table 24. Retrieved 2026-09-29.
- Supply and Use Tables 2022-23 and 2023-24 (base 2022-23)National Accounts Division, NSO, MoSPI. Table Use Table 2023-24 (value-added block). Retrieved 2026-09-29.
- National Accounts Statistics 2026 (new base 2022-23), per-statement XLSXNational Accounts Division, NSO, MoSPI. Table Statement 1.9, Statement 8.12, Statement 7.1A, Statement 7.1B, Statement 7.1C, Statement 8.15.1, Statement 6.1. Retrieved 2026-09-29.
- RBI Annual Report 2025-26 (incl. RBI accounts, appendix tables)Reserve Bank of India. Table Schedule 13, Schedule 14, Income Statement. Retrieved 2026-09-29.Link withheld until RBI grants permission (ISSUES P1-9)
- Report on Trend and Progress of Banking in India 2024-25Reserve Bank of India. Table Table IV.3, Appendix Table VI.6, Table VI.12, Table V.15, Appendix Table VI.7, Table V.18, Table V.5, Table IV.32, Table IV.4. Retrieved 2026-09-29.Link withheld until RBI grants permission (ISSUES P1-9)
Notes on this figure
- Direction explained, level not