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Credit society

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(Querist)
13 November 2009 hello frnds,
pl solve my query

In case of co-operative credit society, can the Managing Committee change the interest rate on loan or deposit eventhough in the agreement with the borrower interest rate is specified???

Thanks in anticipation
Regards
Sangita
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RAJESH SHUKLA

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RAJESH SHUKLA (Expert)
16 November 2009 no, not change without prior notice

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