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Saving Rates

Current saving, investment rate insufficient for 8% growth: India Ratings

Savings and investment rates in the financial year (FY) 2021-22 were 30.2 per cent and 29.6 per cent, respectively

Current saving, investment rate insufficient for 8% growth: India Ratings
Updated On : 30 Mar 2023 | 11:59 PM IST

Competition for funds drives SBI to hike savings deposit rate by 30 bps

Balances of Rs 10 cr and above to earn 3% rate of interest Oct 15 onwards; 2.7% rate unchanged on deposits below Rs 10 cr

Competition for funds drives SBI to hike savings deposit rate by 30 bps
Updated On : 18 Oct 2022 | 10:43 PM IST

It's time to link small savings and PF returns to market rates

There is no need or incentive for political intervention.

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Updated On : 11 Apr 2017 | 10:21 AM IST