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RBI wants banks to increase savings deposit rates, but…

Although interest rates surged by more than 250 basis points last year as part of the RBI's aggressive stance to counter rising inflation, savings deposit rates have remained relatively static, in contrast to the considerable increase in borrowing rates. ....

Koustav Das , Reserve Bank , Rbi Repo Rate Hike , Bi To Banks , Savings Deposits , Avings Deposit Rates , Savings Rate , Anks Saving Deposit Rates ,