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Majority of parents feel their children need more lessons on the importance of savings and money management, according to a survey conducted by ING Vysya Bank. The view was held by a whopping 96% respondens. “With savings rate dipping to low levels, (30.8% last fiscal and set to dip further this fiscal), the need of the hour is to develop savings habit among children,” said Brett Morgan, country head for branch banking, marketing & private clients.