Twists In Interest Rates
While people have been rushing to banks to swap their low-interest deposits for what they call “premature renewal€ at a higher interest, bank staff are deluged with paperwork. (When aren’t they groaning about it?) Banks like BoB and SBI have allowed such swaps as much as twice in a month, without penalty too; this too with the year-ending workload. Banks have made two or three upward rate...
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