RBI Rate Hike Leaves Fixed Deposit Renewals Tied to Bank Schedules
The 25-basis-point increase to 5.50% does not set an individual renewal rate. RBI rules govern advance-published schedules, early withdrawals and rate disclosures.
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Econotimes — 2 weeks ago
The 25-basis-point increase to 5.50% does not set an individual renewal rate. RBI rules govern advance-published schedules, early withdrawals and rate disclosures.
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