Latest News
-
25% Dividend Record Date: Logistic Stock Nears 1-Year High And It Belongs To Mahindra; Motilal Neutral -
1:10 Split, 26 Dividends: Tata's 26-Year-Old Retail Stock In Focus, Q4, Dividend Ahead; Buy For Target Rs 4200 -
1:5 Split Soon: Rs 2,300 Defence Stock To Split Into Five Shares, Rs 400 Cr Fundraising Too; Hits 52-Week High -
Penny Stock Bags Back-To-Back Orders Worth Rs 500 Mn, 110 Mn; Shares Hit Upper Circuit -
Marshall Wace Offloads Stakes in 21 Indian Companies for Rs 2,365 Crore -
Rishi Sunak Announces Generational Hike in UK Defence Spending -
Dr Reddy's Issues Recall for Six Drug Lots in US Over Subpotency Concerns -
Dr Reddy's Voluntarily Recalls Six Drug Lots in US Over Potency Concerns -
IRCON, RITES: 2 Multibagger Navratna Railway Stocks Potential To 17-24% Upside Ahead; Assigned BUY Rating -
AU Small Finance Bank Unveils New Products Including Rupay Credit Card
Bank of Baroda Cuts Deposits Interest Rates
Bank of Baroda on Monday informed BSE that the Bank has decided to revise rates of interest payable on Domestic Term Deposits & NRO Deposits of below Rs. 1 crore.
The new interest rates will be applicable to fresh deposits and renewal, with effect from March 24, 2015. The applicable rate of Interest in the maturity range of 181 to 270 days has been reduced from existing 7.75% to 7.65%.
Yesterday, Finance Minister Arun Jaitley said he expects the bank lenders to reduce interest rates soon and pass the benefits to customers.
Recently, the Reserve Bank had lowered the key repo rate at which it lends to banks by 0.25 per cent to 7.5 per cent.
Last week, Axis Bank slashed fixed deposit rates by up to 0.25 per cent across various maturities.
HDFC Bank cut its deposit rate by 0.25 per cent on bulk deposits between Rs 1 crore and Rs 5 crore.
GoodReturns.in
