Financial Daily from THE HINDU group of publications
Tuesday, Jan 18, 2005

Port Info

Group Sites

Money & Banking - Fixed Deposits

TMB hikes deposit rates

Our Correspondent

Madurai , Jan. 17

TAMILNAD Mercantile Bank (TMB) has hiked interest rates on domestic term deposits with effect from Monday.

For deposits of Rs 25 lakh and above, an additional 25 basis points will be offered on deposits up to 179 days.

Eligible deposits of senior citizens for less than 2 years maturity, one per cent more will be offered; 0.50 per cent for 2-3 years maturity and 0.75 per cent for 3-5 years maturity.

Article E-Mail :: Comment :: Syndication :: Printer Friendly Page

Stories in this Section
State Bank of Mysore gives Rs 650-cr farm loans

ICICI Bank: In line with expectations
Rupee up 10 paise; bonds range-bound
Call for changes in insurance forms
ICICI Bank net rises 18 pc in third quarter
Strong fee-based income lifts UTI Bank Q3 net
NHB to launch housing index
Sundaram Home loan fair in Coimbatore
When tsunami struck, they had no cover
Roadmap for FDI in private banks — Doubts over annual creeping acquisition proposal
ICICI Bank Q3 advances up by 32 per cent
UTI Bank plans GDR listing in March
Andhra Bank unveils 3 schemes
FCI to float bonds to raise Rs 1,000 cr
TMB hikes deposit rates

The Hindu Group: Home | About Us | Copyright | Archives | Contacts | Subscription
Group Sites: The Hindu | Business Line | The Sportstar | Frontline | The Hindu eBooks | The Hindu Images | Home |

Copyright 2005, The Hindu Business Line. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu Business Line