Indian investors just can’t have enough of fixed deposits. According to a Crisil report, nearly Rs.170 lakh crore is lying in bank deposits across the country, which is more than the Rs.135 lakh crore combined investments in mutual funds, life insurance, retirement schemes and alternative investment funds. The study notes that though the share of bank deposits in total savings has come down, they still account for the largest slice of the household savings pie ( see graphic).
