Increase in savings rate unlikely: Apnapaisa.com

PUBLISHED ON: November 5, 2011 | Duration: 24 min, 56 sec

   
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Harsh Roongta, CEO, Apnapaisa.com, says it is unlikely for bigger banks to increase savings interest rate to 5.5 - 6 per cent as even a 1 percentage additional pay on a total of Rs 15 lakh crore savings will have a huge impact.
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