• Investment World
• eWorld
• Catalyst
• Mentor
• Life
• Canvas
• Praxis
• Urban Pulse
• Brand Quest

Stocks

• Quotes
• SE Diary
• Scoreboard
• Open-End Mutual Fund

Cross Currency

• Rates
  
  

Shipping

• Ports
  
  

Archives

• Yesterday
• Datewise
• Resources

Group Sites

• The Hindu
• Business Line
• Sportstar
• Frontline
• The Hindu eBooks
• The Hindu Images

Our Bureau

Thiruvananthapuram , Dec. 14

STATE Bank of Travancore (SBT) will offer higher rates of interest on long-term deposits of five years and above with effect from December 15.

The rate of interest for a deposit of five years and above will be 6.50 per cent (annualised rate of 7.60 per cent) as against the present rate of six per cent, according to a statement from the bank.

Senior citizens will be eligible for an additional 50 basis points (0.50 per cent) for deposits of Rs 5,000 and above. The effective rate for them for a deposit of five years and above will be as high as 7 per cent.

More Stories on : Interest Rates | Fixed Deposits | Public Sector Banks

Article E-Mail :: Comment :: Syndication :: Printer Friendly Page

Stories in this Section
Will the US see inflation creep?

Copyright © 2004, The Hindu Business Line. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu Business Line