Speaking to the media following the Reserve Bank of India's (RBI) board meeting, the minister said deposits and lending are akin to the two wheels of a cart, noting that "the deposit is moving slowly."
To address the imbalance between deposits and lending, Sitharaman urged the banks to develop "innovative and appealing" deposit schemes to attract funds from the public. Meanwhile, RBI Governor Shaktikanta Das stated that interest rates are deregulated, allowing banks to increase deposit rates to draw in funds. "Banks are free to decide on their interest rates," he noted.
هذه القصة مأخوذة من طبعة August 11, 2024 من The Morning Standard.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
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هذه القصة مأخوذة من طبعة August 11, 2024 من The Morning Standard.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
بالفعل مشترك? تسجيل الدخول
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