There is a constant change in the… "RATE OF INTEREST" on the savings and deposits of the public in the banks and the financial institutions. This is shown as "FROM INTEREST" in the "BANK PASS BOOK & STATEMENTS".
To enable transparency… the "RATE OF INTEREST" and the "AMOUNT ON WHICH IT IS EARNED" should also be reflected (SHOWN) in print in the "BANK PASS BOOK & STATEMENTS" This will enable easy filling of tax returns also.
