The long-promised single-digit interest rate is now seeming more and more likely as the banks yesterday agreed to provide not more than 6 percent for savings from February 1 as part of their preparation to usher in 9 percent lending rate from April.
The long-promised single-digit interest rate is now seeming more and more likely as the banks yesterday agreed to provide not more than 6 percent for savings from February 1 as part of their preparation to usher in 9 percent lending rate from April.