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The spat between the Big Four professional services firms and Indian auditors over the new RBI guidelines for appointments of statutory auditors has turned nasty with both sides accusing each other of serving self interest and trying to mislead key stakeholders. ....
Updated Mar 14, 2021 | 06:06 IST Compared to major private banks, there are a few small and new private banks which offer better interest on savings accounts Bandhan Bank, RBL, IndusInd offer the best rates on savings accounts | Photo Credit: BCCL New Delhi: Savings bank accounts generally carry lower interest rates compared to those on fixed deposits. Compared to major private banks, there are a few small and new private banks which offer better interest on savings accounts. Reviewing how much interest the banks pay to hold the deposits in the savings account is highly recommended. There is one new private bank promising more than 7 per cent return on savings accounts despite declining interest rates. ....
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Read more about IDFC First Bank board to mull fund raising on 18 Feb on Business Standard. The board will consider raising funds through permissible modes including private placement, preferential issue, qualified institutional placement, further public offering, etc. ....