Interest rate on savings bank accounts increased from 3.5% to 4% w.e.f. 3rd May 2011 - as per RBI circular here
Showing posts with label savings bank interest. Show all posts
Showing posts with label savings bank interest. Show all posts
Thursday, May 12, 2011
Monday, February 22, 2010
RBI allows daily product interest on savings accounts
RBI has allowed calculation of interest on savings bank accounts on daily product basis w.e.f. 1st April 2010 in view of the state of computerisation that exists in banking system as per RBI circular here. RBI Circular
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