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Wednesday, Nov 03, 2004

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Money & Banking - Fixed Deposits


Federal Bank NRE rates

Our Bureau

KOCHI: Federal Bank on Tuesday announced a revision of its NRE term deposit interest rates.

NRE term deposits of 1 to 2 year tenure will henceforth command an interest rate of 3.10 per cent, 2 to 3 years will command 3 per cent and three years and above will have an interest rate of 3.80 per cent, a press release from the bank has said.

More Stories on : Fixed Deposits | Interest Rates | Private Banks | Kerala

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