Bank Deposits still about 50% of India's total financial Savings..!
Details Per Centage
Bank Deposits 49.8%
Life Insurance 19.9%
Currency 10.7
Providend Fund, Pension 10.3%
Shares and Mutual Funds , Debentures 4.3%
Other Savings 4.9%
Src: Reserve Bank of India (RBI) from 2005 to 2011
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