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DEREGULATION BENEFITS FOR BANKS
What is Andy Burnham's 'Manchesterism' vision for the UK?Andy Burnham is now a leading contender to become the next Prime Minister. He brings his "Manchesterism" economic vision to national politi...
After stellar Q4, is a downgrade nightmare looming for India Inc in Q1?India Inc. showed strength in Q4 earnings. However, a Q1 FY27 earnings downgrade cycle is now a significant market concern. Elevated crude ...
PM Modi distributes over 51,000 appointment letters at 19th Rozgar Mela; highlights India’s global tech rise and youth opportunitiesPrime Minister Narendra Modi distributed over 51,000 appointment letters to new government recruits. These individuals will join various ce...
India poised for strong growth revival despite global risks: Morgan StanleyMorgan Stanley sees India's economy entering a new growth phase. Strong domestic demand and policy support are expected to boost corporate ...
Why market rose today? Sensex rises 790 points, Nifty closes near 23,700. 5 key drivers behind surgeIndian stock markets are experiencing a significant rally. The BSE Sensex and Nifty 50 indices have climbed over 1 percent each. This surge...
It's time to free the financial sector of IndiaIndia's deregulation efforts risk being undermined by neglecting the financial sector. While other sectors have dedicated commissions, fina...
Modi Sarkar@2: Key reforms that will trigger growthThe real estate bill aims to bring transparency in the sector through the Real Estate Regulatory Authority and protect home buyers’ interes...
CPI(M) hits out at NDA government over diesel price deregulationThe CPI(M) said the Narendra Modi government has not accepted UPA-II's "faulty prescription" for doubling the prices but raised it to $5.61...
Banks rally on hopes of rate cut post diesel deregulationThe diesel price has been deregulated from midnight of 18 October 2014and gas price was hiked to $5.6/mmbtu from $4.2/mmbtu.
Nachiket Mor committee suggestions credit positive for banks: Moody's"The recommendations in the report, if fully implemented, would be a significant credit positive overhaul of the Indian banking system."
- Consumers shouldn't panic as the rates will fall in 2-3 years: KR Kamath, Punjab National Bank
Punjab National Bank, the country's second largest state-run lender, has recently decided to foray into the life insurance segment by picki...
- Savings rates should be market-determined: RBI
RBI Deputy Governor K C Chakrabarty today said interest rates on saving desposits should be determined by the market.
- Savings rate deregulation will spawn innovative products
Savings accounts represent roughly 13% of household financial assets in India and, over the past 10 years, the yield on these deposits has ...
- RBI rate hike: Savings bank deposits to fetch more
Interest rate on the money lying in savings bank accounts will go up by half a percentage point, with the Reserve Bank deciding to hike it ...
- Savings accounts to offer higher interest?
The RBI has set the ball rolling on the issue of deregulating interest on savings accounts - a move which banks like SBI and HDFC Bank fier...
- RBI draft favours freeing of savings banks interest rate
RBI released a discussion paper on deregulation of savings bank deposit rate, and has asked for feedback by May 20.
- Deregulate saving bank interest rate: Assocham
Industry body Assocham has said that deregulation of interest rates on saving accounts would increase competition among banks and benefit c...
- RBI to float discussion paper on deregulating savings a/c rate
The Reserve Bank today said it will come out with a discussion paper on deregulation of interest rates on savings account.
- RBI to look into deregulation of interest rate on savings
The Reserve Bank said it will soon set up a working group to examine the possibility of deregulation of interest rates on savings account.
- Deregulation of savings rate to benefit depositors: Bankers
Presently, the savings rate is fixed at 3.5 per cent and is calculated on a daily basis from April 1. DTC: Impact on your budget | Implicat...