New Delhi, July 8 -- Thirty-seven per cent of households in the East have never sought financial advice, while 23 per cent sought it but did not receive it, according to a financial health survey conducted by PwC India in partnership with the Dvara Research Foundation.

The report highlighted major regional disparities in how households experience and utilize formal financial services across the country.

For instance, 65 per cent of renters in the East cannot mobilize Rs 30,000 for an emergency. In contrast, households in the South show the highest multi-service digital financial services (DFS) adoption at over 70 per cent.

However, formal financial service providers supply only 13 per cent of financial advice in the southern region, wi...