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...
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