Punjab National Bank has hiked the interest rate on single domestic term deposits of less than Rs 1 crore from 8.75 per cent to 9 per cent for a maturity of one year.

The revised rate would be effective from Thursday, the bank said in a filing with the stock exchange in Mumbai.

This rate of 9 per cent will also be applicable to NRE term deposits.


(This article was published on August 2, 2012)
XThese are links to The Hindu Business Line suggested by Outbrain, which may or may not be relevant to the other content on this page. You can read Outbrain's privacy and cookie policy here.