Deposits Still Most Preferred Instrument Of Saving In India: RBI Article

The article has been authored by Anupam Prakash, Suraj S, Ishu Thakur and Mousumi Priyadarshini, all officials from the RBI's Department of Economic and Policy Research.

Deposits are still the most preferred instrument of saving in India although market-based instruments are gaining share, said an article published in the Reserve Bank's July Bulletin.

The article provides estimates of quarterly financial balance sheet of households and their net financial wealth for 2011-12 to 2022-23.