In a bid to discourage businesses from using a bank for treasury management, the Reserve Bank of India has allowed banks to offer the lower of either the savings deposit rate or fixed deposit rate on matured FDs.from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/3xlwdGA
Banks can pay less on matured bulk FDs: RBI
![Banks can pay less on matured bulk FDs: RBI]()
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