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Bangalore, Sept. 4

Public sector Syndicate Bank has hiked term deposit rates between 40 and 55 basis points up to 2 years in a bid to mop-up medium term resources. A press release today said that the deposit rates up to a year have been hiked to 10.05 per cent from 9.50 per cent. Rates between 500 days and 2 years are now 10.15 per cent, up from 9.75 per cent.

— Our Bureau

More Stories on : Fixed Deposits | Public Sector Banks

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