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Indian Overseas Bank hikes interest rates on 444-day term deposits by up to 15 bps

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Indian Overseas Bank hikes interest rates on 444-day term deposits by up to 15 bps
Photo / Coverage: The Hindu Business Line
EXECUTIVE SUMMARY

The 444-day non-callable term deposit, available for deposits above ₹1 crore, will now earn 6.85% per annum, up 10 basis points from 6.75%

Key Takeaways

  • Indian Overseas Bank hikes interest rates on 444-day term deposits by up to 15 bps.

The 444-day non-callable term deposit, available for deposits above ₹1 crore, will now earn 6.85% per annum, up 10 basis points from 6.75%

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Published originally on The Hindu Business Line

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