• 32 Day Prime-Time Notice Deposit   8.75% NACM    8.75% Yield
  • 63 Day Prime-Time Notice Deposit   8.90% NACM    8.94% Yield
  • 91 Day Prime-Time Notice Deposit   9.05% NACM    9.12% Yield
  • 126 Day Prime-Time Notice Deposit   9.20% NACM    9.31% Yield
  • 182 Day Prime-Time Notice Deposit   9.50% NACM    9.69% Yield
  • 365 Day Prime-Time Notice Deposit   9.75% NACM    10.21% Yield
  • Flexi Notice - 32 Days   8.81% NACM    8.81% Yield
  • Flexi - 42 Days   9.00% NACM    9.01% Yield
  • Flexi Notice - 91 Days   9.17% NACM    9.24% Yield
  • Flexi Notice - 126 Days   9.40% NACM    9.52% Yield
  • Flexi Notice -182 Days   9.64% NACM    9.83% Yield

Rakesh Garach

 
Full name
Rakesh Garach
Position in firm
Chief Financial Officer (CFO)
Qualification
BCom; DipAcc, (UKZN); CA(SA)
Responsibilities
Rakesh is the senior executive responsible for managing the financial actions of Grindrod Bank. As CFO his duties include tracking cash flow and financial planning as well as analysing the Bank’s financial strengths and proposing corrective actions. He managers the finance and accounting divisions and for ensuring that the Bank’s financial reports are accurate and completed in a timely manner.