So it's almost September 2019 now and the interest for FY 2018-19 has not yet been credited. In this digitised era, I would expect it should have been in by 31st March 2019 or at least sometime in April. Last year's interest got credited only in Jan 2019 with a backdated March 2018 entry.
Anyway the question is: if every month the interest is calculated on the balance available in the account for that month, wouldn't we get lesser interest due to this amount not being credited on time? In the above example, since I got the 2017-18 interest only in Jan 2019, the base amount is lesser by that much and so would I have lost the extra interest from April 18 - Dec 18 calculation? Does anyone know exactly how this calculation is done?