Amendments on Interest on Overdue Deposits
As of now, in all banks, if a Term Deposit matures and proceeds are unpaid, the amount left unclaimed with the bank (overdue deposit amount) shall attract rate of interest…
Kotak Mahindra Bank retains home loan rate at 6.65%
Kotak Mahindra Bank has decided to continue its special interest rate on home loans of 6.65 per cent per annum. The bank said in a statement on Monday that ‘In…