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Friday, Mar 31, 2006
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 Opinion - Letters


RBI must raise deposit rates

The Reserve Bank of India should raise the deposit rates. It is a fair enough solution. By keeping the status quo on CRR, the RBI would earn more interest on its borrowings from many banks.

If the RBI can find ways to raise its earnings, then why not the individual depositor, especially a pensioner?

V. Rajagopalan

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