For decades, the answer to every Indian saver’s question “Where should I put my money?” was almost automatic: Fixed Deposit. Today, that answer is no longer so simple.

Over the past five years, India's banking landscape has quietly transformed. While term deposits continue to grow, the balance of where people choose to park their savings is shifting. This post explores the reasons behind this trend, what it means for depositors, and why your money remains safe, regardless of where you bank.