Overdue FDs to earn lower interest after this RBI tweak; what you should do
Currently (i.e., before the amendment), if a term deposit (TD) has matured and proceeds were unpaid, the amount left unclaimed with the bank attracts a rate of interest as applicable to savings deposits.
from Wealth-Economic Times https://economictimes.indiatimes.com/wealth/invest/overdue-fds-to-earn-lower-interest-after-this-rbi-tweak-what-you-should-do/articleshow/84139844.cms
from Wealth-Economic Times https://economictimes.indiatimes.com/wealth/invest/overdue-fds-to-earn-lower-interest-after-this-rbi-tweak-what-you-should-do/articleshow/84139844.cms
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