Customer trend increased towards fixed deposits, women top in taking gold loan
[ad_1]
What fixed deposit Bank customers are trending towards? Today this question is being asked because in the last few years, the tendency of common customers to invest in fixed deposits of 1-3 years duration has increased a lot. The reason for this is that after the last six years, common savers and pensioners have to interest rate Looks like more is coming. The reason is clear, the Reserve Bank of India has increased the repo rate, the effect of which is visible in the interest rates on deposits.
Getting more interest in fixed deposits
Bank deposits as on May 19, 2023 stood at Rs 183.74 lakh crore, showing an increase of Rs 18 lakh crore and 10.9 percent more than last year. Fixed deposits grew by 11.4 per cent, while savings grew by 6.8 per cent.
Contribution of women in total deposits is more than 20 percent
According to the data till March 2023, the contribution of women in the total deposits in banks increased by 20.5 percent to Rs 36.99 lakh crore, from 19.8 percent a year ago. Among those who have deposited the maximum amount are the women of Maharashtra who have deposited Rs 5.17 lakh crore.
Women top in taking gold loan
Women are coming forward in a big way in taking loans as well. Among the women who are taking loans in India, the highest number of gold loan borrowers are women, followed by education loans at 35 percent and home loans at 32 percent.
[ad_2]
Source link