< Consider alternative instruments for investment: Jaitley | Current Affairs, Current Affairs 2019

Consider alternative instruments for investment: Jaitley

Posted by
Subscribe for News Feed

Consider alternative instruments for investment: JaitleyFinance Minister Arun Jaitley made a case for investment into alternative instruments instead of bank deposits for better returns.

“The conventional deposit rate, the lending rates, are very low, but you have very powerful alternative instruments, in which if you invest, you can earn a lot higher,” he said here at the launch of state-run State Bank of India’s wealth management offering SBI Exclusif.

“That is how pension funds and sovereign funds are surviving and doing extremely well the world over,” he added.

Subscribe for News Feed

Leave a Reply

Your email address will not be published. Required fields are marked *

*