...........Under his orders, the Reserve Bank of India has asked banks to raise interest rates on nonresident Indians’ schemes. In the early 1990s, the RBI used to decree dozens of interest rates. The idea was to reward virtuous savers and investors, and to give incentives to approved ones. But there never was any evidence that those manipulations served any purpose......
The very purpose of VITALINFO is to provide a platform for wider dissemination of updated information related to and happening of events in and around RBI.
No comments:
Post a Comment