Sanima Bikas Bank Ltd (Sanima) has introduced a customised deposit product ‘Sanima Samay Bachat Khata' targeted at share investors on initial public offerings (IPOs). "An account may be opened with a balance as low as Rs 100," said a press release. It will attract five per cent interest rate per annum on monthly minimum balance. The customer will get a free cheque book and account statement and information related to shares through SMS/e-mail.
Source: The Himalayan Times
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Monday, September 22, 2008
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