The Evolution of Savings Accounts: From Passbooks to Apps
Feb 18, 2026
New Delhi [India], February 18: For generations, savings accounts have been one of the most trusted financial tools for Indians. What began as a simple way to store money safely and earn a modest return has evolved dramatically with changes in technology, lifestyle, and digital banking. The shift from passbook-based accounts to smartphone-enabled systems shows how banking has adapted to modern expectations.