<p>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.</p>.<div><p><strong>Deccan Herald is on WhatsApp Channels</strong>| <a href="https://www.deccanherald.com/specials/deccan-herald-is-now-on-whatsapp-heres-how-you-can-join-2698271">Join now for Breaking News & Editor's Picks</a></p></div>
<p>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.</p>.<div><p><strong>Deccan Herald is on WhatsApp Channels</strong>| <a href="https://www.deccanherald.com/specials/deccan-herald-is-now-on-whatsapp-heres-how-you-can-join-2698271">Join now for Breaking News & Editor's Picks</a></p></div>