Indians Prefer Savings: Bank Deposits Double To Rs 200 Lakh Cr In 2023

2024 • 6min • News • Business


Published On: January 12, 2023 - Bank data shows that bank deposits have doubled to Rs 200 lakh crore in 2023. The bank deposits were at Rs 100 lakh cr in 2016. In addition, Mutual Funds crossed an all-time high of Rs 50 lakh crore in December 2023. However, they are still only a quarter of bank deposits. Join News9’s Shweta Kothari and Kartik Malhotra for more details on the story.