WHEN IN RESPECT TO USD, INR HAS STARTED TO APPRECIATE, THEN IT IS THE RIGHT TIME TO BOOST THE DOMESTIC SECTOR OF INDIA BY REDUCING THE LENDING RATE !!!

"Due to GST implementation,

banks have

increased service CHARGES.

On the other hand, banks have reduced the interest rate

on fixed deposits for different time periods after having high level

corporate meetings at various STAGES.

Inflation is in CONTROL;

it is time for the domestic sector to do ROCK 'N' ROLL.

In respect to the US Dollar currency,

the Indian Rupee currency

has started to APPRECIATE.

RBI has sensed the slow economic growth after

demonetization and reduced the Repo rate to 6%,

though they took this decision somewhat too LATE.

SBI has reduced the Savings Account interest rate to 3.5%,

but due to reduction in Repo rate,

SBI may also reduce their lending RATE.

Through Fixed Deposits, Recurring Deposits in banks,

are you not earning a big amount of MONEY !

Then, don't worry at all, just take a Home Loan or a Car Loan or

an Agricultural Loan at a cheaper rate to live in peace and HARMONY.

After reduction in the bank deposit

interest rates and

Chit Fund scams,

there is a confusion about where to keep money

to earn a healthy interest, in the mind of any common MAN.

Indian Share Market is both volatile and sensitive, but accumulation of

NAV points in bearish markets always help the investors to earn

very high profits during bullish markets, provided those investors

have done long term investments by maintaining a

diversified portfolio through SIP, i.e. Systematic Investment PLAN."- Arindam Sain