The Master Circular on Maintenance of Deposit Accounts issued by the Reserve Bank of India — a must read for anyone who transacts with a bank.
Awareness Fridays is my initiative to spread awareness on topics relevant to personal finance — every Friday. I urge you to take some time off and absorb this information — it’s pretty useful. And, as always, do spread the word if you find this useful.
Further reading:
- Awareness Fridays: Payment of Interest on Savings Bank Accounts Will Now Be On a Daily Product Basis
- Awareness Fridays: A Guide to the Deposit Insurance System in India
- Awareness Fridays: A Case Study that Illustrates how the Deposit Insurance System Works in India
- Awareness Fridays: Your Bank Should Now Acknowledge Nomination and Indicate the Name of the Nominee in Pass Books and Fixed Deposit Receipts
- Awareness Fridays: Guidelines on Detection and Impounding of Counterfeit Notes at Indian Banks
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