To create financial literacy awareness among the tribal population, the RBI, Odisha office has prepared five specific booklets in Santali (Ol Chik) language, an official said. Odisha CM Mohan Charan Majhi released the booklets at Bali Jatra in Cuttack on Friday. The booklets were prepared to commemorate 90 years of RBI’s operation in the country, the official said.
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Open FlipBetween March 2022 and July 2023, the Federal Reserve raised its benchmark rate 11 times. As a result, money market account (MMA) interest rates rose sharply. However, the Fed slashed the federal funds rate by 50 basis points in September and another 25 basis points in November. So deposit rates — including money market account rates — have started falling.
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