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Negative real rates may be a new normal: SBI report

Sat Aug 1 , 2020
Deposits rates are currently at multi-year lows, with SBI, the country’s largest bank, offering 2.7% on savings accounts and 5.1% on fixed deposits of under Rs 2 crore. Negative real interest rates are likely to become the new norm as household savings continue to rise in India despite lower rates […]

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