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China suggests full interest rate liberalisation in 2 years

Last Updated: Tuesday, March 11, 2014, 12:12

The government expects the economy to grow 7.5 percent this year, which would be the lowest pace in 24 years.

Indian Bank revises interest rates

Last Updated: Sunday, March 02, 2014, 14:55

Public sector Indian Bank has revised the interest rates on foreign currency non-resident (banking) term deposits with immediate effect.

SBI lowers retail deposit rates by up to 0.50%

Last Updated: Saturday, February 15, 2014, 21:04

State Bank of India, the country's largest lender, has cut deposit rates by up to 0.50 percent starting February 18.

Kotak Mahindra Bank hikes term deposit rates by 25 bps

Last Updated: Monday, February 03, 2014, 23:03

After the January 28 rate hike by the Reserve Bank, private sector lender Kotak Mahindra Bank Monday took the lead over its larger peers by raising deposit rates by 25 basis points on select maturities, effective February 6.

Indian Overseas Bank offers higher NRE term deposit rates

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.

Punjab National, Canara Bank raise FD rates by up to 0.5%

Last Updated: Friday, November 08, 2013, 21:07

The increase in fixed deposit rates may lead to a hike in lending rates sooner or later.

Canara Bank hikes deposit rates by 0.50%

Last Updated: Friday, November 08, 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.

Bank of Baroda raises fixed deposit rates by up to 0.50%

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.

Lending, deposit rates to go up ahead of festive season: SBI

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.

Public and pvt sector banks hike NRI deposit rates

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.

ICICI Bank raises fixed deposits rates by up to 0.75%

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.

Dena Bank raises NRI deposits rates by 1%

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.