#did you know - KredX

Did You Know – 95% Indian households prefer to park their money in bank deposits

95% Indian households prefer to park their money in bank deposits, while only less than 10% opt for investing in mutual funds or stocks! Source: 2017 SEBI Survey

About kredx

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KredX is an invoice discounting marketplace connecting high growth businesses in need of quick working capital with investors looking to grow their money at minimal risk in a short tenure.

1 thought on “Did You Know – 95% Indian households prefer to park their money in bank deposits

  1. There is a lack of awareness among people regarding various investment options that they can explore. Parking money in bank savings account is not a good choice as we will not be able to keep up with the inflation rate.

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