Economy · India
Over 40s Hold 76% of India's Bank Deposits, RBI Data Shows
Individuals aged over 40 years hold 76% of the total individual bank deposits in India, according to data released by the Reserve Bank of India (RBI). The data indicates a significant concentration of financial assets within this age demographic. No further details on the distribution within this age group or comparisons to other demographics were provided in the coverage.
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- Centre (2): Mathrubhumi English, The Economic Times