NEW DELHI: Soaring inflation in India has pushed up expenses sharply. A survey by fintech major BankBazaar said nearly 62% of people have been relying on credit to meet their daily expenses, while savings have gone down for almost 80% of India's salaried class.
The study involved 1,675 salaried people in the 22-45 years age group and was carried across six metro cities and more than 18 tier-II cities across India. Women comprised 43% of the respondents.
