A cashier counts Indian banknotes as customers queue at a bank in Chandigarh, India, November 10, 2016. Comparative analysis INDIA-MODI/CORRUPTION-BANKS REUTERS/Ajay Verma/File Photo | Photo credit: AJAY VERMA The transmission effects of the monetary easing phase are clearly visible with the share of regular term deposits of commercial banks (SCBs) with an interest rate of […]
Higher interest rates in the long term deposits encouraged more people to invest in them. The growth of bank deposits in India delayed up to 10.6 percent on an annual basis in the financial year ending on March 2025 compared to 13 percent in the previous tax, according to new data released by the reserve […]