BANK NEWS
Indian Overseas Bank increases interest rates on Deposits, effective from this date
Now the interest rates offered under term deposits for 3 Years and above will be 5.70% and for 444 days will be 5.60%.
New Delhi: Chennai based public sector bank, Indian Overseas Bank, decided to increase the interest rates offered on the medium as well as long term deposits by 10 basis points. Now the interest rates offered under term deposits for 3 Years and above will be 5.70% and for 444 days will be 5.60%.
The revised rates are effective from August 10, 2022.
News Must Read
- CIL’s capex up 6.5% to highest Rs.19,840 Crores in FY 2024
- SCOPE presents SCOPE PREMIER LEAGUE
- MCL Ib Valley Washery commenced commercial operation
- HAL bags Rs 65,000 Cr tender by Defence Ministry
- PSBs' growth output superseded Private Lending firms
- Northern Coalfields Limited CMD inspects Amlohri Area
- SCOPE organizes Public Sector Day celebrations
- IOCL Final Dividend Announcement Expected at April 30 Board Meeting
- Steel Cutting Ceremony of Indian Navy held at HSL Vishakapatnam
- DIPAM declines PFC-REC debt resolution proposal for KSK Mahanadi project