Hi everyone I am doing the concurrent audit of bank of baroda. Just wanted to know that if stock statement is not submitted by a party in a particular month how to check whether penalty interest is charged or not in finacle software also what is the penal interest rate?? Any help would be appreciated
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Refer service charges circular of the bank for charging of penal interest and in finacle menu,u can go to acli menu for viewing transactions in the cc a/c and there chraging of interest alongwith penal interest,if any at the end of the month u can notice
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