Depositors Have Reasons to Feel Happy on All Fools' Day

This is very welcome. Now each days balance will earn interest and while withdrawing on any day, this will be kept in mind. Savings in saving accounts may boost.

It is just an attempt to set right an anomoly.While the banks were earning interest from the funds lent to borrowers on daily basis, they were depriving the depositors the financial benefit.

a nice step the RBI. it actually fooled the Banks not the customers :cheer:

take it as an fun one guys and enjoy it

i think this is a great lie if not it is a great thing

Its great news. Now customer will maintain amount in saving account to earn good interest. But this time saving is very difficult task.

Yes,Santosh,we are passing through hard times and the current inflation which is much on the higher side is making it difficult to save money.Anyway one has to save as much as one can to safeguard the future.

i agree too with chinmoy :(

Yes it true saving is difficult but if we able to save then it is nice our money increase more through interest.

i agree too with chinmoy