{"id":3528,"date":"2019-05-14T02:04:24","date_gmt":"2019-05-13T20:34:24","guid":{"rendered":"http:\/\/yourcareerheights.com\/?post_type=news&#038;p=3528"},"modified":"2019-05-14T02:07:21","modified_gmt":"2019-05-13T20:37:21","slug":"rise-in-income-not-interest-rates-key-to-deposit-growth-rbi-research","status":"publish","type":"news","link":"https:\/\/yourcareerheights.com\/?news=rise-in-income-not-interest-rates-key-to-deposit-growth-rbi-research","title":{"rendered":"Rise in income, not interest rates, key to deposit growth: RBI research"},"content":{"rendered":"<div id=\"pl-3528\"  class=\"panel-layout\" ><div id=\"pg-3528-0\"  class=\"panel-grid panel-no-style\" ><div id=\"pgc-3528-0-0\"  class=\"panel-grid-cell\" ><div id=\"panel-3528-0-0-0\" class=\"so-panel widget widget_sow-editor panel-first-child panel-last-child\" data-index=\"0\" ><div class=\"panel-widget-style panel-widget-style-for-3528-0-0-0\" ><div\n\t\t\t\n\t\t\tclass=\"so-widget-sow-editor so-widget-sow-editor-base\"\n\t\t\t\n\t\t>\n<div class=\"siteorigin-widget-tinymce textwidget\">\n\t<h3>What\u2019s causing deposit growth rates to slow? Mutual funds? Gold? Property? None of these, says RBI .<\/h3>\n<p>None of these, says a central bank research paper. Rather, deposits quicken when incomes rise fast \u2014 and the latter is often aided by a robust economy.<br \/>\n<a href=\"https:\/\/i0.wp.com\/yourcareerheights.com\/wp-content\/uploads\/2019\/05\/Deposit-Growth-Driver.jpg\"><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" class=\"alignleft size-medium wp-image-3529\" src=\"https:\/\/i0.wp.com\/yourcareerheights.com\/wp-content\/uploads\/2019\/05\/Deposit-Growth-Driver-300x98.jpg?resize=300%2C98\" alt=\"\" width=\"300\" height=\"98\" srcset=\"https:\/\/i0.wp.com\/yourcareerheights.com\/wp-content\/uploads\/2019\/05\/Deposit-Growth-Driver.jpg?resize=300%2C98&amp;ssl=1 300w, https:\/\/i0.wp.com\/yourcareerheights.com\/wp-content\/uploads\/2019\/05\/Deposit-Growth-Driver.jpg?w=512&amp;ssl=1 512w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a>Household savings data show that there is a shift from bank deposits to stocks &amp; mutual fund schemes, where comparative returns have been more lucrative in the recent past.<br \/>\nThat apparent shift prompted Reserve Bank of India (RBI) researchers to study the dynamics of savings deposit behaviour in the country.<\/p>\n<p>Read more at:<br \/>\n<a href=\"https:\/\/economictimes.indiatimes.com\/articleshow\/69296147.cms?utm_source=contentofinterest&amp;utm_medium=text&amp;utm_campaign=cppst\">\/\/economictimes.indiatimes.com\/articleshow\/69296147.cms?utm_source=contentofinterest&amp;utm_medium=text&amp;utm_campaign=cppst<\/a><\/p>\n<\/div>\n<\/div><\/div><\/div><\/div><\/div><\/div>","protected":false},"excerpt":{"rendered":"<p>Rise in income, not interest rates, key to deposit growth: RBI research<\/p>\n","protected":false},"author":1,"featured_media":3384,"comment_status":"open","ping_status":"closed","template":"","tags":[516,591,40,590],"news-category":[27,331,502,50],"class_list":["post-3528","news","type-news","status-publish","has-post-thumbnail","hentry","tag-deposit-growth","tag-household-income","tag-rbi","tag-research","news-category-banking","news-category-interest-rates","news-category-mutual-funds","news-category-rbi"],"jetpack_sharing_enabled":true,"jetpack_likes_enabled":true,"_links":{"self":[{"href":"https:\/\/yourcareerheights.com\/index.php?rest_route=\/wp\/v2\/news\/3528","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/yourcareerheights.com\/index.php?rest_route=\/wp\/v2\/news"}],"about":[{"href":"https:\/\/yourcareerheights.com\/index.php?rest_route=\/wp\/v2\/types\/news"}],"author":[{"embeddable":true,"href":"https:\/\/yourcareerheights.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/yourcareerheights.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=3528"}],"version-history":[{"count":0,"href":"https:\/\/yourcareerheights.com\/index.php?rest_route=\/wp\/v2\/news\/3528\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/yourcareerheights.com\/index.php?rest_route=\/wp\/v2\/media\/3384"}],"wp:attachment":[{"href":"https:\/\/yourcareerheights.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=3528"}],"wp:term":[{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/yourcareerheights.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=3528"},{"taxonomy":"news-category","embeddable":true,"href":"https:\/\/yourcareerheights.com\/index.php?rest_route=%2Fwp%2Fv2%2Fnews-category&post=3528"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}