Comments
Bank of India has raised interest rates by 25-75 basis points on fixed deposits of select maturities with immediate effect, according to a notice on the BSE.
For deposits of less than Rs 15 lakh, having maturity of 7-14 days, the revised rate is 4 per cent (2.5 per cent); 15-30 days, 4.5 per cent (2.75 per cent); 31- 45 days, 5.5 per cent (3 per cent); and 46-90 days, 5.5 per cent (4 per cent).
For deposits of two years to less than three years, the revised rate is 9 per cent (8.25 per cent); three years to less than five years, 8.5 per cent (7.75 per cent); 1,111 days fixed, 9 per cent (8.25 per cent); and five years to less than eight years, 8.75 per cent (8.5 per cent).
Comments
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.