Home | July 2011News | IDBI Bank revises Base Rate, BPLR and Interest Rates on Deposits |
|
|
IDBI Bank revises Base Rate, BPLR and Interest Rates on Deposits
- IDBI Bank revises Base Rate, BPLR and Interest Rates on Deposits
- July 30, 2011
-
Keeping in view the measures announced by RBI, inflation and liquidity scenario, the Bank has decided to increase the retail term deposit rates by 25-150 basis points (bps) in different maturity buckets.
The revised interest rates, base rate and BPLR are effective from 1 August 2011
IDBI Bank reviewed the interest rates on retail term deposits and keeping in view the measures announced by RBI, inflation and liquidity scenario, the Bank has decided to increase the retail term deposit rates by 25-150 basis points (bps) in different maturity buckets. The revised interest rates are effective from 1 August 2011. The additional interest rate for senior citizens is 50-75 bps above the normal interes...
- View more at: http://www.1888pressrelease.com/idbi-bank-revises-base-rate-bplr-and-interest-rates-on-depo-pr-322745.html
|