RBI New Savings Rule: Same Interest Rate on ₹1 Lakh in India
KEY HIGHLIGHTS RBI has set a uniform interest rate on savings up to ₹1 lakh for all banks. Customers no longer need to compare interest rates across banks. Above ₹1 lakh, banks will continue offering different interest rates. If you’ve ever hopped between banks hoping for “thoda extra interest,” that headache is gone now.RBI has … Read more