ADVERTISEMENT
RBI releases paper on savings bank deposit rate deregulation
DHNS
Last Updated IST
The Reserve Bank of India (RBI) logo is pictured outside its head office in Mumbai- Reuters pic
The Reserve Bank of India (RBI) logo is pictured outside its head office in Mumbai- Reuters pic

In the discussion paper, the central bank pointed out that the deregulation of the savings bank deposit rate, which is currently at 3.5 percent, would improve monetary policy transmission.

Deccan Herald is on WhatsApp Channels| Join now for Breaking News & Editor's Picks

ADVERTISEMENT
Read more
(Published 28 April 2011, 11:13 IST)