Who decides d rate of interest on saving account??
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- Allahabad Bank, I also Faced
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Answer Posted / ajitesh
I am flabbergasted to read the reply of DHANVARSHA. how can
u deny the existance of rate of interest on savings account
in India??
I am a banker myself and to bring it to your knowledge the
RBI has instructed the banks to offer 3.5% ROI on savings
account. Also the RBI is mulling over to de-regualte the
current rate of 3.5%. is the de-regulation takes effect
then the rate may even go high.
As far as the interview of Dhanvarsha for allahabad bank is
concerned, the interviewer might be checking her level of
confidence, and so she could have got confused. It happens
with everybody.
| Is This Answer Correct ? | 17 Yes | 8 No |
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