Last Updated: Saturday, November 23, 2013, 23:43
"Indian Overseas Bank has increased the interest rates under NRE Term Deposits for period of 3 years and above from 9.00 percent to 9.50 percent with effect from November 23", a bank statement said.
Last Updated: Friday, November 8, 2013, 21:07
The increase in fixed deposit rates may lead to a hike in lending rates sooner or later.
Last Updated: Friday, November 8, 2013, 14:47
Taking cue from other lenders, state-run Canara Bank on Friday hiked interest rates on fixed deposits by up to 0.50 percent.
Last Updated: Monday, September 30, 2013, 19:42
State-owned Bank of Baroda (BoB) Monday raised fixed deposit rates on select maturities by 0.50 percent, reflecting the tightening of liquidity conditions.
Last Updated: Friday, September 20, 2013, 13:51
Soon after unveiling of the Reserve Bank's mid-quarter policy review, country's largest lender SBI on Friday said lending and deposit rates will go up in view of the festive season demand.
Last Updated: Friday, August 23, 2013, 23:23
Many private and public sector banks, including Axis Bank, Federal Bank and IDBI Bank, have raised their NRI deposit rates following the recent liberalisation of the same by the Reserve Bank.
Last Updated: Wednesday, August 21, 2013, 17:28
The private sector bank has raised interest rate on term deposits with 46-60 day maturity by 0.75 percent to 7 percent. For 61-289 days as well, the increase is by similar percentage points to 7.75 percent.
Last Updated: Monday, August 19, 2013, 21:57
Dena Bank Monday raised interest rates on NRI deposits of over three years by 1 percent, days after the Reserve Bank deregulated interest rates on such deposits.
Last Updated: Friday, August 16, 2013, 21:36
Punjab National Bank (PNB) on Friday raised interest rates on NRI deposits of over 3 years by 1 percent, days after the Reserve Bank deregulated interest rates on such deposits.
Last Updated: Wednesday, August 14, 2013, 21:33
State-run lenders IDBI Bank and Oriental Bank of Commerce Wednesday hiked deposit rates by up to 1.50 percent in select maturities.
Last Updated: Friday, August 2, 2013, 15:15
The lender increased the interest rate offering on the 100 days and 101 days to 180 days buckets to 8.50 percent, it said in a statement here.
Last Updated: Thursday, August 1, 2013, 15:27
Country's second largest private sector lender HDFC Bank has raised fixed deposit rates by 1 percent for maturities between 15 days to 6 months one day effective July 27, as per information available on its website.
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