Consider this scenario: you wake up one morning, feeling confident and in control of your financial future. You know exactly where your money is coming from, how it’s being spent, how much is being saved, and where it’s being invested. This isn’t just a dream — it’s a reality you can create by mastering the…
READ MOREAs the noise around whether Indian households are shifting savings away from low-cost bank deposits to higher-yielding mutual funds grows louder, a statistical exercise fails to show a clear correlation between the two. A time series analysis between mutual funds and bank deposits was conducted by Bank of Baroda economist Dipanwita Mazumdar using Granger causality…
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