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Canara Bank revises interest rate on domestic/NRO term deposits

By Religare

Public sector lender Canara Bank on Monday announced change in interest rate on domestic/NRO term deposits with effective from August 20, 2013.

For deposit size of Rs 1 crore and above, having and period of deposit between 31-45 days, has been changed to 8.25 per cent from existing 6.50 per cent.

On the other hand, baskets having and period of deposit between 46-90 days, has been revised to 8.30 per cent from existing 7.00 per cent.


Dion Global Solutions Ltd.

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