Title: An empirical analysis of the saving preferences of the people in Kerala

Authors: Meera Rajasekharan Nair

Addresses: Department of Economics, Nirmala College, Muvattupuzha, India

Abstract: Savings act as a catalyst to economic development in every country. Household savings is the major domestic means of funds to finance long-term capital investment, which is a major driver of economic growth. In the 21st century India, with a much more developed capital and money market than before, a variety of investment opportunities and saving instruments have come up for the households. Along with the growth of the secondary capital market, there was an influx of domestic and foreign institutional investors. Using the primary data collected from five districts of Kerala the study attempts to unleash the saving preferences of the people in Kerala.

Keywords: savings; saving instruments; non-banking intermediaries; bank deposits.

DOI: 10.1504/IJEA.2024.144252

International Journal of Economics and Accounting, 2024 Vol.12 No.2, pp.159 - 172

Received: 03 Jul 2024
Accepted: 27 Aug 2024
Published online: 03 Feb 2025 *

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