Continuing with the new Management's policy of striking a fine balance between development, maintenance , improvement and increasing our savings for a rainy day, Rupees two lakhs have been parked in a fixed deposit with the State Bank of Indore at an interest rate of 9.75 % p.a for a period of 364 days. With the latest FD, the Management has been able to put back the Rupees four lakhs that had to be withdrawn for Chand case by prematurely encashing two FDs of Rupees two lakhs each. The total amount in fixed deposits has been restored to Rupees twelve lakhs again.
This Blog was created to provide members of DIN Cooperative Group Housing Society in Dwarka New Delhi, the basic information about the Society and its affairs. The information is by no means exhaustive and efforts to update it continue. We endeavor to usher in transparency and make information accessible to all members. Any comments / suggestions / corrections to the Blog are most welcome.
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