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
Need of nomination in bank accounts
Know all about non-bank fixed deposits
Financial planning: a tool to retire...
Children’s Saving Account- teaching...
Fetch higher interest rate on your savings...


+919975114605{{ BlAcK MaGiC va$hikaran $peaciali$t...
Call Girls In Delhi 09717668547 kunal Call Girls In...
ViP Call Girls In Delhi 09717668547 kunal Call...
BALAJI NAGAR Esc0rts {}- 09766585868 •/•...
995371__safi__0545 /escorte service in delhi
FEMÄLE ÉSCÖℝT _995371__nitu__0545 SERVIÇES...

NEWS THIS WEEK
Federal Bank launched V connect for its customers Feb 12, 2015
Andhra Bank on expansion mode Feb 11, 2015
Dena Bank earned a profit of 13%. Feb 9, 2015
Banks expected to cut down the rates Feb 5, 2015
RBI kept the rates unchanged Feb 4, 2015
News Archive