A Comment on lowering of interest rates

My Comment on an article "RBI Governor Urjit Patel cuts interest rates, bats for growth in  first monetary policy" published in the economictimes.com Dated 05/10/2016 at 10:10 pm.


"Cutting the lending rates is a good move as it lowers the burden on borrowers. 
Further, it boosts more and more investments in the production field as more loans will be opted to invest in businesses.

But, interest on savings accounts and investments intended for the welfare of lower income groups should not be decreased at any cost. On the other hand, they should be increased from the existing rates which are very low as compared to the rates offered a few years before. 

Previously, it used to double your investment in 5 years (like FD or RD). Presently, there is no such scheme to get it doubled without taking risks."

A Comment on introduction of Kisan Vikas Patra

My Comment on an article "Government aims at raising savings; re-launches Kisan Vikas Patra" published on economictimes.com Dated 18/11/2014 at 10 pm.


"The purpose of helping poor in savings will not be solved with this KVP if it doubles the amount in 100 months. 

The amount invested need to be doubled at least in 72 months if not in 60 months. 

The maximum ceiling for doubling the amount can be fixed if government wants to control the investment by (bona fide) investors so that affluent class will not reap the benefits."

A Comment on managing your debt portfolio

My comment on an article "How to make the most of your debt portfolio amid volatile interest rates" published in the Economic Times dated 22/04/2014 at 10:15 pm.


"Very useful article with tips to select amongst multiple investment options. 

The advice to invest in more than one options is a prudent advice. 

Do not invest all money on one instrument but invest the same amount in 2 or 3 instruments with varying maturity periods so that you can use that money or re-invest it in other instruments. This way you can be at benefit."

A Comment on reason for Banks in cutting Home loan rates

My Comment on an article "What Prompts Banks to Cut Home loan rates" published in Economic Times dated 23/12/2013 at 3:10 pm.


Inflation has its influence on realty business. 

Realtors should offer a small discount to boost their business. Mere interest rates can not increase the demand largely. A small incentive by realtor can draw much customers towards him.