For a fistful of deposits

......But apart from inflation, the lower growth of bank deposits could also have been linked to a slowing economy, resulting in lower growth in incomes and household savings. As per RBI estimates, households account for nearly two-thirds of gross domestic savings in the country. While nearly half of these household savings are in the form of financial assets (as distinct from physical assets), 50 per cent of the financial assets are in the form of bank deposits...................

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