Households are reducing their reliance on banks - News blog

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Tuesday, September 25, 2018

Households are reducing their reliance on banks

Coming with an unsaid sovereign guarantee of sorts, fixed deposits (FDs) seemingly offered investors liquidity — and safety — as nationalisation sought, in part, to arrest the 40-odd bank failures a year.

from Banking-Banking/Finance-Industry-Economic Times https://ift.tt/2xPfWvX
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