Given the surplus liquidity in the system, short-term interest rates are very low, and banks offer a risk-free return on idle money. For businesses that have a cash stash running into crores, a 3-4% return (which is what most savings deposits provide), is a decent yield for the short term. The move by the RBI is expected to force businesses to make use of their resources more productively or deploy them in longer-term deposits.from Stocks-Markets-Economic Times
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