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SBT revises FCNR, NRE term deposit rates

Our Bureau

Thiruvananthapuram , Oct. 3

STATE Bank of Travancore (SBT) has revised the interest rates on FCNR and NRE term deposits and NRE savings bank accounts with effect from October 1, 2005.

SBT has also increased the interest rate on NRE savings bank accounts from 3.70 per cent to 4.20 per cent with effect from October 1, 2005.

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