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Saturday, Jan 01, 2005
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LVB hikes rates for deposits

Our Bureau

BANGALORE: Lakshmi Vilas Bank has hiked deposit rates for maturities for one year and above by 0.25 per cent to 6.5 per cent.

A bank release said here that the rates would become effective from January 1. The bank was also offering an additional 0.25 per cent of interest over and above the card rate for the New Year and the Sankaranthi Festival period for term deposits for one year and above.

For term deposits less than one year, the rates are unchanged.

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