Lakshmi Vilas Bank has decided to offer 50 bps more on deposits having a maturity period of 271-364 days.
The rate is being revised to 8.75 per cent from 8.25 per cent, and will be with effect from June 26.
The bank has held on to the existing rate for deposits in various other time buckets.
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.