Savings Rate

SBI may raise saving deposit rate by up to 125 basis points

Speaking to exclusively to CNBC-TV18, Pratip Chaudhuri said the bank is prepared for a slightly higher cost of funds but added that they will not be the first movers in terms of hiking savings bank rate.

Here's an interesting idea to increase the savings rate of Indians

Households have to lock up a lot of their money in storing water and power for their use. If we fixed these basic problems, the urban savings rate would shoot up.