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Working women are most risk averse savers: Report

By Economic Times - 6 months ago
Women earners in the metros tend to be risk-averse with 51% of their investments parked in fixed deposits (FD) and savings accounts, followed by 16% in gold, 15% in mutual funds, 10% in real estate and just 7% in stock, found a joint survey by DBS Bank and ratings firm Crisil. This is in line with behaviour from DBS Bank India’s own customer insights where 10% of female customers have an active fixed deposit, while just 5% of male customers have opened an FD.

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