...A committee constituted under former RBI Deputy Governor, Ms Shayamala Gopinath, recommended revising the interest rate on various small saving schemes. Now with the RBI raising interest rate on saving bank account from 3.5 per cent to 4.0 per cent, effective May 3, 2011, the spread between the bank savings deposit and term deposit rates had widened significantly.....
Read...........
No comments:
Post a Comment