NEWS & ADVICE : FIXED DEPOSITS
Do you know what led banks to calibrate deposit rates?
By Neelima Shankar
Print    Email    RSS   

Banks were in news some time back due to rise in fixed deposit rates. Increase in fixed deposit rates came as joy for the common investor who wants his money to grow in a safe and risk free manner. But why do these deposit rates fluctuate? In order to understand the reason behind this fluctuation we need to first know the cycle of money that goes on in the economy, the means by which the controllers of the economy regulate this cycle and the tools used by them to do so.

The cycling of money in the economy is regulated by the Reserve Bank of India (RBI). RBI not only regulates the money flow but also ensures that the appropriate amount of money is circulated in the system.

The rates of deposit or lending are indirectly governed by the RBI. This means that the RBI does not directly fix the deposit or lending rates of banks but uses some instruments which indirectly affect these rates.


Page  | 1234 |  
(Comments Posted : 0) Post Your Comments
Show All Comments
COMPARE QUICKLY
 Select a product:
 

CALCULATE QUICKLY
 Select a product:
 

EDITORS' PICKS
Do you know what led banks to calibrate...
FMPs or FDs: Make an informed choice
Recurring deposit facility by IDBI Bank
Sweep in to Auto Sweep savings A/c
The new avatar of savings account would...


girl vashikaran specialist baba ji 09501893254 in noida
BKKKI!1 escort service O9501860038 CaℒL Giℛℒs...
Love marriage specialist baba ji +91-9501893254 in...
09911282129russian ℂaℓℓ...
jadoo spell specialist.+91-9983432002
I invest 4.5 lac in mis scheme in SBI how much...

NEWS THIS WEEK
BMBSmartBanking – internet banking facility of the BMB bank Nov 20, 2014
Central Bank introduced two new products for its customers Nov 18, 2014
New Branch of BMB bank in Gujarat Nov 17, 2014
Deposits growth of the banks slowed down Nov 13, 2014
Federal Bank bagged CNBC TV18 Financial Inclusion Award. Nov 12, 2014
News Archive