Business Daily from THE HINDU group of publications
Tuesday, Feb 05, 2008
ePaper | Mobile/PDA Version
Business Daily from THE HINDU group of publications Tuesday, Feb 05, 2008 ePaper | Mobile/PDA Version |
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Money & Banking
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Fixed Deposits BoR raises term deposit rates Mumbai, Feb. 4 Bank of Rajasthan has increased the interest rate on term deposits of some maturities with immediate effect. According to a press release from the bank, the interest rate on term deposits of 91-179 days are now at 7 per cent. Earlier, the bank was offering 5.75 per cent on deposits of 91-120 days and 6.5 per cent on deposits of 121-179 days. The bank has increased the rate on deposits of 15-18 months to 9.25 per cent. Earlier the rate on deposits of 1-3 years was 9 per cent. Senior citizens will get an additional interest of 0.5 per cent, the press release said. - Our Bureau More Stories on : Fixed Deposits | Private Banks | Interest Rates
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