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
Investment options to Save Tax under...
Fetch higher interest rate on your savings...
FMPs or FDs: Make an informed choice
Credit profile and its effect on loan...
Complete guide to TDS on fixed deposits in...


love problem solution baba ji in kolkata +91-9929775678
:गोल्ड::मेडलिस्ट+91...
♚ Royal ♚ Delight ♣_♣ tooo hotty ★...
Amabla escort service O9855660911 CaℒL Giℛℒ In...
Derabass@ escorts services O9855660911 CaℒL...
Rajpura@ escorts services O9855660911 CaℒL...

NEWS THIS WEEK
New cash Transactions facilities to be launched by NCR corporation Dec 18, 2014
‘Bank aap ki Muththi mein’ branch banking on mobile by HDFC bank Dec 17, 2014
Banks to provide longer hours to carry out RTGS transactions Dec 16, 2014
Andhra Bank to expand its network in Orissa Dec 15, 2014
OBC bank slashed down the rate by 0.10% Dec 11, 2014
News Archive