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Money & Banking - Fixed Deposits


LVB raises deposit rates

Our Bureau

Mumbai, June 16

Lakshmi Vilas Bank has raised interest rates on domestic term deposits. For deposits of two years to less than five years, the interest rate would be 8 per cent and for five years and above the rate would be 8.25 per cent. Senior citizens would be eligible for 8.75 and 9 per cent for two years to less than five years and for five years and above, respectively.

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