Sole proprietor means sole owner of a business. Whatever
What is a Recurring Deposit Account? A recurring deposit
The interest on savings bank account is calculated on half yearly basis. The amount may vary depending on the type of account and also from bank to bank.
As cited in a circular by RBI, “Current Account”
The guidelines for KYC was issued in 2002 under Section 35A of the Banking Regulation Act, 1949.
As defined by ‘Investopedia‘, a savings account is a