Suryoday Small Finance Bank’s 20+ year fixed deposit scheme: What we know so far
Earlier this week, Union Finance Minister Nirmala Sitharaman encouraged financial institutions to develop innovative deposit products to enhance customer attraction. In the latest RBI Bulletin, released on Monday, Governor Shaktikanta Das also highlighted that the share of bank deposits has declined with households allocating savings to mutual funds and pension funds. “It is observed that … Read more