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The Economic Times
The Economic Times
Business

People aged above 40 account for 76 pc of individual deposits in banks: RBI data

Mumbai: People over 40 years of age account for over three-fourths of individual deposits in the country's banks as of June this year, data released by the Reserve Bank said on Monday.

Those aged between 25-40 years, who are in what can be defined as working age, account for a little less than 20 per cent of the individual deposits, the data said.

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