Banks Cannot Unilaterally Reduce Interest on Fixed Deposits Maintained Pursuant to Court Orders: Delhi High Court
Delhi High Court Upholds Order Requiring NatWest to Pay Higher Interest on Frozen Deposit The Delhi High Court has dismissed an appeal filed by NatWest Markets PLC, holding that the bank was required to pay interest on a frozen deposit at the higher rates applicable before it reduced the rate to 3.5%. The judgment was delivered on 23 September 2026 by a Bench of Justice Avneesh Jhingan and Justice Shail…
