Interest rates on savings bank deposits deregulated

October 25, 2011 11:17

RBI governor D Subbarao further says that GDP growth projection has been lowered to 7.6 per cent from 8 per cent in 2011-12. While announcing the move has been guided by inflation and admitting it was a major concern, he said inflation will fall from December and pegs it at 7 per cent by March end. The RBI has also deregulates savings bank deposit rates with immediate effect.

« Back to LIVE

TOP STORIES

IAF continues firefighting in U'khand forests, Army roped in too

Efforts have also intensified to extinguish the raging forest fires in the state, especially in the worst-affected areas of Nainital, Haldwani and Ramnagar forest divisions, forest officials here said on Sunday.

They will be punished soon: CRPF on Manipur militant attack

The personnel who lost their lives were from the CRPF 128 Battalion deployed at the Naransena area in Bishnupur district in the state.

Modi indulges in fear-mongering post Phase 2 washout: Congress

Congress general secretary Jairam Ramesh posed questions for the prime minister ahead of his rallies in Karnataka.

Delhi Cong chief Arvinder Singh Lovely quits party over tie-up with AAP

In his letter to the Congress National President, Mallikarjun Kharge, Lovely said that all unanimous decisions taken by the senior Delhi Congress leaders have been unilaterally vetoed by the AICC general secretary (Delhi in-charge).

Will be on path of nation first: Poonam Mahajan after BJP denies ticket

In the post on X, Mahajan said, "I will be indebted to the family-like people from Mumbai North Central who treated me not just as an MP but gave me affection like a daughter."