RBI has deregulated interest rate for savings accounts. What does it suggest?



[ A ]    Customers will get the beneft of higher interest rates
[ B ]    Banks will have the right to fx their interest rates independently
[ C ]    Each bank will have their respective interest rates without the need to adhere to fxed interest rate common to all banks right
[ D ]    Banks will decide interest rates for individual customers according to their savings.
[ E ]    None of these
Answer : Option C
Explanation :
500
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