Rigidity in small savings rates : Implications for monetary policy transmission (Record no. 532582)
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| 000 -LEADER | |
|---|---|
| fixed length control field | 01179nam a22001337a 4500 |
| 008 - FIXED-LENGTH DATA ELEMENTS--GENERAL INFORMATION | |
| fixed length control field | 260217b ||||| |||| 00| 0 eng d |
| 100 ## - MAIN ENTRY--PERSONAL NAME | |
| Personal name | Jha,Arvind Kumar Das, Satadru and Kashyap, Yuvraj |
| 245 ## - TITLE STATEMENT | |
| Title | Rigidity in small savings rates : Implications for monetary policy transmission |
| 260 ## - PUBLICATION, DISTRIBUTION, ETC. (IMPRINT) | |
| Place of publication, distribution, etc | Economic & Political Weekly |
| 300 ## - PHYSICAL DESCRIPTION | |
| Extent | 60(51), Dec 20, 2025: p.20-24 |
| 520 ## - SUMMARY, ETC. | |
| Summary, etc | A delay in revising small savings deposit rates widens the spread between them and banks’ term deposit rates of comparable maturities, potentially including a substitution from bank deposits to small savings. Empirical estimates indicate that a 100-basis-point increase in this spread raises the share of small savings in total fresh term deposits—that is, the sum of bank term deposits and small savings deposits—by about 1.2 percentage points. This substitution effect contributes to sluggish transmission to banks’ deposit rates, particularly during easing cycles, thereby impeding the monetary policy transmission.- Reproduced https://www.epw.in/journal/2025/51/commentary/rigidity-small-savings-rates.html |
| 773 ## - HOST ITEM ENTRY | |
| Main entry heading | Economic & Political Weekly |
| 942 ## - ADDED ENTRY ELEMENTS (KOHA) | |
| Item type | Articles |
| Withdrawn status | Lost status | Source of classification or shelving scheme | Damaged status | Not for loan | Permanent location | Current location | Date acquired | Serial Enumeration / chronology | Barcode | Date last seen | Koha item type |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Indian Institute of Public Administration | Indian Institute of Public Administration | 2026-02-17 | 60(51), Dec 20, 2025: p.20-24 | AR138158 | 2026-02-17 | Articles |