:::::SRI S.B. RODE, OUR BELOVED PRESIDENT, AICBOF AND OFFICER DIRECTOR ON THE BOARD OF CENTRAL BANK OF INDIA HAS BEEN COOPTED AS GENERAL SECRETARY, AICBOF IN E.C. MTG. HELD AT MUMBAI ON 24.02.2014:::::MR. S.C. GUPTA, GEN. SECRETARY OF OUR AHMEDABAD UNIT HAS BEEN COOPTED AS PRESIDENT, AICBOF::::::WE CONGRATULATE THEM AND WISH THAT THE OFFICERS' MOVEMENT IN CENTRAL BANK OF INDIA WILL BE TAKEN TO NEW HEIGHTS:::::LONG LIVE CBOA:::::LONG LIVE AICBOF::::::LONG LIVE AIBOC:::::

BOI RAISES FIXED DEPOSIT RATES BY UP TO 75 BASIS POINTS


Bank of India raised fixed deposit rates by up to 75 basis points on select maturities.

The bank has decided to revise the interest rate ranging from 25 basis points to 75 basis points on various domestic term deposits schemes with effect from March 10, 2011.

For 91-179 days term deposits less than Rs 1 crore, the bank will pay 7 per cent interest, up 75 basis points from the existing rate.

At the same time, interest for 270 days to one year term deposits has been raised by 50 basis points to 8 per cent while interest rate for fixed deposits with maturity period between 1-2 year has been raised by 25 basis points to 9 per cent.

SOURCE: http://articles.economictimes.indiatimes.com/2011-03-08/news/28668497_1_deposit-rates-deposits-with-maturity-period-term-deposits

Posted by C.B.O.A., A.P.

Labels:

0 comments

Post a Comment

Subscribe to: Post Comments (Atom)