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The Supreme Court has written to all the nationalized banks asking them to disclose their fixed deposit interest rates within the stipulated time for the amount available with it.

One letter dated Sep 21 issued by the apex court says that an amount of Rs 20 crore is available for fixed deposit for one year.

While the other letter dated Sep 19 says that an amount of Rs 65,37,88,487 (Sixty five crore thirty seven lakh eighty eight thousand four hundred eighty seven) plus interest accrued thereon (it will mature on Sep 28) is also available for fixed deposit for one year.

It is also pertinent to note that Supreme Court has also disclosed the amounts which it had disbursed for fixed deposits and which are due for maturity in the month of September (Visit no 3 link given below)

Read the letter to the nationalized banks below:




—India Legal Bureau    

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