Both the savings and investment declined during the previous fiscal year but the gap between the two remained the same (at minus 1.1 per cent) compared to FY13, said a State Bank report issued recently.
The fall reflects poor economic growth. Banks have been investing over 80pc deposits into the government papers while depositors were facing continuous high inflation.
The Monetary Compendium for July 2014 said the target for the FY14 was set at 15.1pc of gross domestic product (GDP) which fell to 14pc, lower than 14.6pc in FY13.
The private sector investment fell to 8.9pc, close to the target of 9pc, from 9.6pc in FY13.