Small savings inflows surge in FY22 due to Covid impact

[IndiaInsurance]

https://img.etimg.com/photo/89361435.cms (https://economictimes.indiatimes.com/wealth/personal-finance-news/small-savings-inflows-surge-in-fy22-due-to-covid-impact/articleshow/89361435.cms)Falling interest rates on traditional savings products such as fixed deposits and the need to create safety nets due to the pandemic, triggered a shift to small savings products, which have remained attractive because of higher returns they offer and the impact of compounding.

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