RBI wants larger banks to come out with customer-friendly rate policies following the deregulation of savings bank rate like their smaller ...

Deregulation of interest rates on non resident term deposits has triggered an interest rate war among banks, with small banks like South In...

Experts believe that the average interest rate on savings accounts will increase by 50-100 basis points from the current 4% over the medium...

RBI Deputy Governor K C Chakrabarty today said interest rates on saving desposits should be determined by the market.

Banks have written to the RBI stating they are not in favour of a deregulated savings rates regime and such a move would "hurt everybody."

Earlier, the regulated interest rate of 3.5 per cent per annum - unchanged since 1993 - helped banks garner low- cost deposits and maintain...

The Reserve Bank of India (RBI) has published a discussion paper on deregulation of the interest rate on savings bank deposits, seeking fee...

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 released a discussion paper on deregulation of savings bank deposit rate, and has asked for feedback by May 20.

Industry body Assocham has said that deregulation of interest rates on saving accounts would increase competition among banks and benefit c...

CEOs of large commercial banks have urged the Reserve Bank of India (RBI) not to deregulate interest rate on savings bank account.

RBI forms working group to look into deregulation modalities. Banks are likely to fix need-based interest rates.

The Reserve Bank said it will soon set up a working group to examine the possibility of deregulation of interest rates on savings account.

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...

Once rates are freed, banks will emerge with new tailormade-products.

The Reserve Bank on Friday said it wants the lenders to fix their individual rates for savings and deposits as part of the financial sector...

Reserve Bank of India Governor D Subbarao today said the central bank is in favour of deregulating interest rates on savings accounts as pa...