Sundaram BNP Paribas Home Finance hikes deposit rates

Sundaram BNP Paribas Home Finance has announced a hike in interest rates on deposits with effect from March 1. The rates (in per cent) will be as follows: One-year — 9.25 (old rate, 8.75); two-year — 9.5 (9); and 3-5 year — 9.5 (9.25). Senior citizens will get 0.5 per cent more across the term periods.