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Bank deposit interest rate

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..... Bank deposit interest rate
News and Press Release
Dated:- 10-3-2017

Reserve Bank of India (RBI) has informed that the Scheduled Commercial Banks are free to determine their savings bank .....

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..... deposit interest rate, with the approval of their respective Board of Directors, subject to the following two conditions:- (i) Each bank will have to offer a uniform interest rate on savings banks de .....

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..... posits up to Rupees one lakh. (ii) For any end-of-day savings bank balance exceeding Rupees one lakh, a bank may provide differential rates of interest, if it chooses, subject to the condition that b .....

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..... anks will not discriminate in the matter of interest paid on such deposits, between one deposit and another of similar amount, accepted on the same date, at any of its offices. RBI and Government has .....

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..... taken a number of steps for providing loans to the companies engaged in infrastructure development, which are as under:- * Project Finance Guidelines of RBI. * Long Term Structured Project Loans. .....

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..... * Financing of Cost Overruns in Project Loans. * Refinancing of Project Loans. * Extension of Date of Commencement of Commercial Operations - Change in Ownership. RBI has informed that the Ind .....

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..... ustry Outstanding Advances is ₹ 29,98,424 crore as on 31.03.2016 and ₹ 29,66,442 crore as on 31.12.2016. This was stated by Shri Santosh Kumar Gangwar, Minister of State in the Ministry o .....

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..... f Finance in written reply to a question in Lok Sabha today.
News - Press release - PIB .....

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