During TD Redemption system is reversing both liquidated interest as well as interest accrued for the current period.
(Doc ID 2586319.1)
Last updated on OCTOBER 05, 2019
Applies to:Oracle FLEXCUBE Universal Banking - Version 220.127.116.11.0 and later
Information in this document applies to any platform.
During TD Redemption in the ICDREDMN screen when Waive Interest check box is checked , It is expected that the interest accrued for the current period alone will be waived and already liquidated interest will not be waived . System is reversing both liquidated interest as well as interest accrued for the current period.
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