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Who decides d rate of interest on saving account??
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Answer Posted / preeti
The Interest rates are given on saving account. The
interest rates were decided by RBI but now all banks
together decide the interest rate below 1 lakh because
according to rule the interest rate should be same of all
the bank below a lakh and above 1 lakh individual bank can
decide the interest rate.
| Is This Answer Correct ? | 26 Yes | 7 No |
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