![Senior citizens' deposits more than doubled to ₹34 lakh cr in 5 yrs; here's why](https://images.assettype.com/fortuneindia%2F2024-04%2F34d02e54-7465-442a-ada3-bf691fcc006c%2FGettyImages_1424296059.jpg?w=300&q=95)
Senior citizens' deposits more than doubled to ₹34 lakh cr in 5 yrs; here's why
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