Muted returns on market bets steer funds back to banks
MUMBAI: Bank deposits are staging a quiet comeback as equity market volatility and muted returns from mutual funds prompt investors to reconsider the safety of fixed-income instruments.As per RBI data, bank deposits stood at Rs 256.9 lakh crore as of May 15, 2026, registering a year-on-year growth of 12.2% - well above the 10% growth recorded in the corresponding period last year - with time deposits leading the charge, rising 12.3% to Rs 225.2 lakh crore and accounting for 87.7% of total depos…
