Depositors can now expect better interest rates than the existing rates. Deregulating will certainly increase competition between banks and it will benefit the depositors.
There is a growing fear that the rising oil price may have far dampening effect on Indian market. In an interview to CNBC-TV18, Anand Tandon, CEO, JRG Securities is worried that the oil shock may again deflate the economies fairly significantly.
Mushtaq Ahmed, chairman of J&K Bank in an interview on CNBC-TV18, spoke about his banks third quarter results and the road ahead.