Increase in deposit rates, higher interest rate differential for senior citizens and special deposit schemes propel a "tectonic shift" in deposit accretion for senior citizens, says SBI Research
NITI Aayog calls for filling up the gaps and challenges in current senior care ecosystem considering their population would reach 19.5% of total population by 2050
A significant class of senior citizens are taxpayers and have many expectations from Budget 2022 particularly as Covid-19 has impacted this segment the most.
Its latest offering is an exclusive healthcare service for people above 65 years of age.
