RBWM: Concepts and Practice · Part B: Retail Products and Recovery

Chapter 6: Retail liability products

Savings, current and term deposits as a branch sells them, priced and protected under RBI’s rules and the tax law.

Buyers of the e-book, or of the print copy, which includes it, read the whole chapter. Everyone can read the free sample, pages 1 to 24 of the e-book.

In this chapter

• 6.1Savings, current and basic accountsp. 73
• 6.2Term deposits and how interest growsp. 74
• 6.3RBI’s rules on deposit interestp. 75
• 6.4Seniors, minors, joint holders and NRIsp. 76
• 6.5Nomination, insurance, unclaimed deposits, TDSp. 77
• Exam traps and quick checksp. 78
• Practice: 16 questions in three roundsp. 79
• Answers, with every wrong option explainedp. 81
• Make it stickp. 83
• Chapter 6 on one pagep. 84

Corrections and updates

None for this chapter so far. Every correction to the book, and any rule that changes after its date, is listed on the errata page.