Banking Query

This query is : Resolved 

20 November 2008 1)What is the interest rate in Current A/c?

20 November 2008 Please Quote the name of Bank?

20 November 2008 As per information avaialble in http://www.iba.org.in/account.asp,
"In terms of RBI directive banks are not allowed to pay any interest on the balances maintained in Current accounts".



21 November 2008 Thanks Mr.Rao for the nice answer.

Aranya



You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Join CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries