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SAVINGS RATE DEREGULATION
India’s fertiliser subsidy model is broken; direct income support is the only way forward: Ashok GulatiIndia’s fertiliser subsidy regime is facing scrutiny; rising global fertiliser and energy prices and rising fiscal pressures expose its ine...- RBI for customer-friendly savings bank deposit rate policiesRBI wants larger banks to come out with customer-friendly rate policies following the deregulation of savings bank rate like their smaller ...
- Economic Survey 2011-12: Progressive deregulation of interest rates would help limitedly, says Indranil Pan, Kotak Mahindra BankTo a certain extent it would definitely help improve the financial savings for India as we go ahead, but it would be too robust to assume i...
- Rate sensitive stocks dip on RBI policy, HDFC Bank, SBI & ICICI Bank suffer mostFollowing the RBI move the rate-sensitive stocks, mainly banking, saw massive selling pressure. HDFC Bank plummeted by 7.25%.
- Savings rates should be market-determined: RBIRBI Deputy Governor K C Chakrabarty today said interest rates on saving desposits should be determined by the market.
- Banks against deregulation of savings rate, write to RBIBanks have written to the RBI stating they are not in favour of a deregulated savings rates regime and such a move would "hurt everybody."
- Savings rate deregulation will spawn innovative productsSavings accounts represent roughly 13% of household financial assets in India and, over the past 10 years, the yield on these deposits has ...
- Savings rate deregulation may push up costs for a/c holdersEarlier, the regulated interest rate of 3.5 per cent per annum - unchanged since 1993 - helped banks garner low- cost deposits and maintain...
- Opening up the last spoon-fed rateThe Reserve Bank of India (RBI) has published a discussion paper on deregulation of the interest rate on savings bank deposits, seeking fee...
- RBI rate hike: Savings bank deposits to fetch moreInterest 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 rateRBI released a discussion paper on deregulation of savings bank deposit rate, and has asked for feedback by May 20.
- Deregulate saving bank interest rate: AssochamIndustry body Assocham has said that deregulation of interest rates on saving accounts would increase competition among banks and benefit c...
- De-regulate interest rates on savings bank depositsPublic sector banks, that have traditionally had a larger share of savings bank accounts thanks to their wider branch network, would be par...
- Bank CEOs oppose savings rate deregulationCEOs of large commercial banks have urged the Reserve Bank of India (RBI) not to deregulate interest rate on savings bank account.
- Banks may get to fix interest rate on savings a/cRBI forms working group to look into deregulation modalities. Banks are likely to fix need-based interest rates.
- RBI to look into deregulation of interest rate on savingsThe 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: BankersPresently, 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...
- Let go off SB interest rateOnce rates are freed, banks will emerge with new tailormade-products.
- RBI wants lenders to fix savings ratesThe Reserve Bank on Friday said it wants the lenders to fix their individual rates for savings and deposits as part of the financial sector...
Load More- Rate sensitive stocks dip on RBI policy, HDFC Bank, SBI & ICICI Bank suffer most
