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Money & Banking - Fixed Deposits
Corporation Bank raises NRE term deposit rates

Mangalore, Sept. 18

Corporation Bank has increased the rates of interests offered on NRE term deposits with effect from September 17, according to a press release here. The revised rates are as follows: 3.71 per cent (3.21 per cent) for a tenure of one year to less than two years, 3.81 per cent (3.31 per cent) for a tenure of two years to less than three years, and 4.13 per cent (3.63 per cent) for three years to 10 years.

— Our Bureau

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