Business Daily from THE HINDU group of publications
Sunday, Dec 09, 2007
ePaper | Mobile/PDA Version
Business Daily from THE HINDU group of publications Sunday, Dec 09, 2007 ePaper | Mobile/PDA Version |
|
|
|
|
|
|
|
Money & Banking
-
Fixed Deposits Industry & Economy - NRIs Syndicate Bank cuts deposit rates Our Bureau Bangalore, Dec 8 Syndicate Bank has revised the rate of interest on non-residential external (NRE) term deposits and foreign currency non-resident (banks) FCNR(B) deposits with effect from December 1. Interest rates on NRE deposits for one year to less than two years have been revised to 4.46 per cent, down from 4.64 per cent. Twoyear deposit rates are down to 3.94 per cent from 4.46 per cent and for five years it is now 4 per cent, down from 4.53 per cent. A bank release said FCNR(B) interest rates for dollar deposits for one year to less than two years was 3.71 per cent, down from 3.89 per cent. For two years to less than three years it is 3.19 per cent, down from 3.71 per cent, the release added.More Stories on : Fixed Deposits | NRIs | Public Sector Banks | Interest Rates
Article E-Mail :: Comment :: Syndication :: Printer Friendly Page
|
Stories in this Section |
|
The Hindu Group: Home | About Us | Copyright | Archives | Contacts | Subscription Group Sites: The Hindu | The Hindu ePaper | Business Line | Business Line ePaper | Sportstar | Frontline | The Hindu eBooks | The Hindu Images | Home |
Copyright © 2007, 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
|