*dcs18 Posted March 31, 2010 Share Posted March 31, 2010 Link to comment Share on other sites More sharing options...
Administrator DKT27 Posted March 31, 2010 Administrator Share Posted March 31, 2010 That's great news. Will surely help the needy. :) Link to comment Share on other sites More sharing options...
LeetPirate Posted March 31, 2010 Share Posted March 31, 2010 moved to world news. Link to comment Share on other sites More sharing options...
*dcs18 Posted March 31, 2010 Author Share Posted March 31, 2010 Thank you, was in a dilemma on where to post this. :) Link to comment Share on other sites More sharing options...
shought Posted March 31, 2010 Share Posted March 31, 2010 I didn't realize that this wasn't the case everywhere... Link to comment Share on other sites More sharing options...
*dcs18 Posted March 31, 2010 Author Share Posted March 31, 2010 In India, the practice was to calculate the interest on the lowest balance after the 10th of each month. The new method of calculation of rate of interest shall result in an increase of earnings in the range of about 16-18%. My Pop & Mom are quite excited about this news. They're retired guys. Link to comment Share on other sites More sharing options...
shought Posted March 31, 2010 Share Posted March 31, 2010 It's quite nice indeed ;)(I did already understand it though, I was just surprised that this wasn't the case yet...) Link to comment Share on other sites More sharing options...
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