• Investment World
• eWorld
• Brand Line
• Mentor
• Life
• Canvas
• Praxis
• Urban Pulse
• Brand Quest
• The New Manager

Stocks

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

Cross Currency

• Rates
  
  

Shipping

• Ports
  
  

Archives

• Yesterday
• Datewise
• Resources
• In Focus
• In Depth

Group Sites

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

Our Bureau

New Delhi, Aug 2

Oriental Bank of Commerce has increased interest rates on its term deposits by 25 basis points in respect of certain maturities. The revised rates are effective from Tuesday.

A statement by OBC said that interest rate on term deposits have been increased by 25 basis points for a maturity period of 1 year to less than 2 years; 2 years to less than 3 years; 3 years to less than 5 years; and 5 years to less than 8 years.It has also introduced a new maturity period bucket of 8-10 years at 8.25 per cent.

More Stories on : Interest Rates | Fixed Deposits | Public Sector Banks | Oriental Bank of Commerce

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

Stories in this Section
Monetary puzzle: Is Taylor's rule the answer?

Copyright © 2006, 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