Know the income tax rules for savings accounts and how much cash you can deposit without attracting scrutiny. Discover the daily cash transaction limits, high-value transaction reporting requirements, and how to respond to an income tax notice.
Ujjivan Small Finance Bank has launched Garima Savings Account for women customers. The bank is offering 7 per cent rate of interest on savings account.
Banking sources said ICICI Bank is not levying charges on the basic savings bank deposit account (BSBA) and Jan Dhan accounts.
Are you SBI customer and have saving account with the bank? Then this news is very important for you as State Bank of India (SBI), India's largest public sector bank is all set to reduce the interest rates on deposits in retail savings accounts from November 1, 2019.
As per the new PNB rates, for domestic retail term deposits of less than Rs 1 crore with the tenure of 7 to 29 days, the rate has been increased by 1.25 percentage points to 5.25 per cent from the current 4 per cent.
Chennai,Jul 5:Concerned over the lack of transparency in bank lending rates, Reserve Bank Governor D Subbarao on Wednesday said the central bank has set up a working group to address the issue.“One problem that has
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