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Saturday, Jan 07, 2006


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LKB hikes NRE deposit rate

Our Bureau

KOCHI: Lord Krishna Bank has increased interest rates on one year to below two-year category of NRE term deposit to 5.63 per cent from 5.60 per cent, effective from January 1.

The interest rate offered on such deposits for two-years to less than three years shall however remain unchanged at 5.62 per cent per annum and the rate for NRE deposits for three years and above has been revised to 5.60 per cent.

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