Deposits remain preferred saving instrument but equity gains steam
Business Standard|July 20, 2024
RBI paper says investment funds' share up over 50% between FY12 and FY23
ANJALI KUMARI

Indian households are moving beyond bank deposits and increasingly exploring avenues such as equity instruments and investment funds to deploy their savings, according to a research paper authored by the RBI staff.

While deposits have maintained their dominant position in the total financial wealth of households over the last decade, there has been a growing interest in other investment instruments such as equity and investment funds, insurance, and pension funds. Additionally, the share of equity and investment funds in the total financial wealth of households increased by more than 50 per cent between 2011-12 and 2022-23, the report said.

هذه القصة مأخوذة من طبعة July 20, 2024 من Business Standard.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.

هذه القصة مأخوذة من طبعة July 20, 2024 من Business Standard.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.

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Business Standard

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Business Standard

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Business Standard

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India our APAC priority and primary market focus'
Business Standard

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