90 percent of rural women entrepreneurs save portion of monthly income and around 56 percent opt for bank deposits

According to a recent survey, at least 90 per cent of rural women entrepreneurs save a portion of their monthly income.

- STATESMAN NEWS SERVICE NEW DELHI, 7 MARCH

Of these, 33 per cent save between 20 per cent and 50 per cent of their income.

According to a recent survey by DBS Bank India, in collaboration with Haqdarshak, notably, 57 per cent save less than 20 per cent, while 5 per cent manage to save more than 50 per cent.

Among savers, 56 per cent opt for bank deposits, 39 per cent participate in SHG savings programmes, and 18 per cent set aside cash without investing it in any instruments.

Fixed Deposits (FDs) and Recurring Deposits (RDs), as well as investments in gold, are less common, with only 11 per cent and 5 per cent opting for these methods, respectively, it said.