Bank cut Rs 5.89 crore FD rate from 7.75% to 3.5%; Court orders higher interest
Times of India · 12 October 2026
Initially, the FD earned interest at rates of 7.75%, 8.25% and 7.75% over different periods. However, from January 30, 2018, the bank lowered the rate to 3.5%. Challenging the reduction, the deposi…
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