Please use this identifier to cite or link to this item: http://hdl.handle.net/11718/4406
Title: Pricing of safe deposit locker service
Authors: Mampilly, Paul
Issue Date: 30-Nov-1974
Citation: Economic and Political Weekly, Vol. 9, Issue No. 48, 30 Nov, 1974
Abstract: The drain on the revenues of commercial banks resulting from the present below-cost pricing of safe deposit locker service is enormous. The hanks must be losing around Rs 10 lakhs per year for every 500 cabinets in metropolitan cities. The consequences of the faulty pricing of lockers seem more alarming alien it is realised that the benefit goes to the section of the society which, being relatively more affluent, does not deserve it. Avoidance of such a loss could actually subsidise, for every 500 cabinets, the lending of Rs 2 crores under the differential interest rates schemes.
URI: http://hdl.handle.net/11718/4406
Appears in Collections:Journal Articles

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