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   ARE YOU PREPARED FOR A RAINY DAY?  We are a Nation of Savers Traditionally, our savings rate has been amongst the highest in the world      H     H     S    a    v     i    n    g    s     i    n     R    s     C    r    o    r    e    s  ‐  500,000   1,000,000   1,500,000   2,000,0002007 ‐ 08 2008 ‐ 09 2009 ‐ 10Physical   Assets Financial   Assets Our savings rate continues to be impressive! Source   – RBI   annual    report    2010 ‐ 11 0%10%20%30%40%50%60%      C     h     i    n    a     S    a    u     d     i     A    r    a     b     i    a     I    n     d     i    a     I    n     d    o    n    e    s     i    a     K    o    r    e    a     R    u    s    s     i    a     A    u    s    t    r    a     l     i    a     M    e    x     i    c    o     J    a    p    a    n     G    e    r    m    a    n    y     A    r    g    e    n    t     i    n    a     C    a    n    a     d    a     F    r    a    n    c    e     B    r    a    z     i     l     I    t    a     l    y     S    o    u    t     h     A     f    r     i    c    a     T    u    r     k    e    y     U     S     A     U     K Source :   Data   book     for    DCH;   1st    November    2011      G    r    o    s    s     N    a     t     i    o    n    a     l     S    a    v     i    n    g    s    a    s     %       o     f     G     D     P  We Save well, but… Cash, 13.30%Bank & Other Deposits, 47.30%Life Insurance Funds, 24.20%Provident & Pension Funds, 9.10%Others, 6.10% Household Investments in Financial Assets for FY 2010-11 Source –RBI annual report 2010-11  A large part of our savings are in Cash or low yielding assets!  Cost of Idle Money! Idle Money actually leads to erosion of savings! ParticularsAmount (Rs) Money in savings account at beginning of Year 100,000Interest earned in 1 year (@ 4.5% per annum)  +  4,500Closing balance at the end of 1 Year  104,500 Tax on Interest (@ 30.9%) #  -  1,391Impact of Inflation (@ 6.5% per annum)  -  6,500 Value at the end of Year 196,610 Consider an example of savings of Rs 100,000 invested in your savings account for a Year  Source –Internal# tax rate applied is basis assumption that the individual is in highest tax slab This example uses assumed figures and is for illustrative purposes only
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