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The bank has also reduced the interest rate on the savings account by 10 basis points, with effect from September 1, 2021.
Google Pay users can now book high-interest rate FDs fully digitally, without needing to open a savings account with Equitas Bank
Bank's gross non-performing assets (NPAs) or the bad loans were 4.3% of the gross advances as on June 30, 2021. The net NPAs were at 2.3%.
The rate of interest on personal loans is primarily established by financial institutions on the basis of a borrower’s repayment ability.
The easing of restrictions in banking hours was announced by chief minister Mamata Banerjee.
Fixed deposits: FD interest rates of different banks vary by deposit amount, deposit tenure and type of depositor.
Dormant bank accounts: Rs 18,381 crore is lying idle in different bank accounts till March 31, 2019, according to RBI data.
Bank Holidays Sept 2021: The major holiday of the month is Ganesh Chaturthi which starts on September 10
One can open this current account sitting in India within a couple of minutes that can be operated in the UK.
She said the government is engaging with the stakeholders to ensure the economy's revival happens without any further roadblocks