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Why don't Post office raise interest rates as Banks are doing currently ?

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Why don't Post office raise interest rates as Banks are doing currently ? Empty Why don't Post office raise interest rates as Banks are doing currently ?

Post by vishwas.tp Thu Jul 17 2008, 18:26

Why don't Post office raise interest rates as Banks are doing now currently?
Are Post office(Banking part) & Banks(Public & private) monitored by the RBI?

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Why don't Post office raise interest rates as Banks are doing currently ? Empty Re: Why don't Post office raise interest rates as Banks are doing currently ?

Post by enidhi Mon Jul 21 2008, 17:52

I think post offices are slow to respond... banks act much faster in both increasing and decreasing...
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Post by enidhi Mon Jul 21 2008, 17:52

Also post offices doesn't have a competition like banks...
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Why don't Post office raise interest rates as Banks are doing currently ? Empty Re: Why don't Post office raise interest rates as Banks are doing currently ?

Post by sru123 Sat Aug 07 2010, 16:44

hello..

iam new to this forum... hoping to share and learn somethings in here.
thanku

regards,
phe9oxis,
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