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NEWS

No more auto-renew of fixed deposits

Circular from RBI, fixed deposits will not be automatically renewed and such matured deposits will get savings bank interest rate.Hence all are requested to note due dates and get the receipt renewed on due date to avoid loss of interest.

https://ngoenabler.com/wp-content/uploads/2021/07/51-Circular-dated-2_7_21-by-RBI-DOMESTICDEPOSITSA3FC0C70AAB34ADB918679E9B052C210.pdf

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