RBI New Rules Regarding Fixed Deposit Receipts
Claim your money as soon as the Fixed Deposit matures or you will face a loss because RBI has changed Fixed Deposit Receipts rules which are applicable on all Banks in India. The Reserve Bank of India has changed the rules for Fixed Deposits as it said that if a customer has not claimed FD even after maturity, then he/she will have to bear the loss in terms of interest in savings. The bank further stated that customers can still earn interest after Term Deposit matures and proceeds are unpaid. “It has been decided that if a Term Deposit matures… Read More »RBI New Rules Regarding Fixed Deposit Receipts