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Our Bureau

Kolkata , Jan. 3

United Bank of India has increased its prime lending rate (PLR) from 11.75 per cent to 12 per cent.

It has also revised its domestic term deposit rates by 25 to 75 basis points with the highest being 10.46 per cent (annualised yield) for senior citizens.

The revised rate for three years to less than five years is 8 per cent (up from 7.5 per cent), which will provide an annualised yield of 8.94 per cent. The same for senior citizens is 8.75 per cent, leading to an annualised yield of 9.88 per cent.

More Stories on : Interest Rates | Public Sector Banks

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