Summary: New Delhi [India], August 30 (ANI): In the wake of the State Bank of India (SBI) and other banks facilitating slashes on interest rates on savings deposits, credit rating agency ICRA highlighted an opportunity for liquid mutual funds to tap into retail savings, by providing an avenue for parking surplus liquidity while earning a premium over savings rate
The total average savings rate
for 401(k) investors, combined with employer matches and profit sharing, reached a record high of 12.
presidential election, leading the market rate to show an uptrend," he said, adding that banks will take time before adjusting the savings rate
to "not widen the gap between savings and lending rates excessively.
uk - there were 354 savings rate
cuts in August compared with just three rises.
ySTANBUL (CyHAN)- The average household savings rate
among Turkey's urban population has been declining since the 1990s, according to a recently released study.
While a higher savings rate
helps Americans prepare for retirement, it "has a pronounced impact on global demand.
Synopsis: Gallup research finds that business startups have declined in line with the personal savings rate
While people often associate the word "savings" with money in the bank, an increase in the savings rate
also means that people are paying down their debts.
MUMBAI -- India Ratings warned that the national savings rate
will slip further to 30 per cent or so this fiscal, from 30.
Japan's National Savings Rate
has been reduced in recent years because of government deficit spending, but personal savings rates
have nevertheless kept the national rate above 20 percent.
As a result, the national savings rate
(national savings over GNP) is estimated to go up to 29.
With regard to participants' savings rate
, employees in the half of the plans that required automatic enrollment were saving a paltry 3%, according to the Defined Contribution Institutional Investment Association.