Why is external benchmarking important?

By IndianMoney , 9 months ago
1. The external bench marking would be beneficial for you than the existing regime, because in spite of the bank's margin, rate resets will be fair. 2. However, since bank deposit rate is not on floating rate, banks will pass on rate revisions to deposits, faster than earlier.
Trending Questions
Recent Questions
Related Questions
- What is Compound Interest?
- What are the types of Types of Compound Interest?
- What is the Formula to calculate Annual Compound Interest?
- What is the formula to calculate Half-Yearly, Quarterly, Monthly Compound Interest?
- What are the benefit of Compound Interest?
- Is power of Compounding is the eight wonder of the world?