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Our Bureau

Mumbai , May 12

The Oriental Bank of Commerce (OBC) has hiked its prime lending rate (PLR) by 0.5 per cent from 11 per cent to 11.5 per cent with effect from May 15, 2006.

The bank has also hiked its interest rates on FCNR (Foreign Currency Non-Resident) deposits on all maturities from 1-5 years for US dollar, British pound, Euro, Australian dollar and Canadian dollar.

More Stories on : Interest Rates | Public Sector Banks | Oriental Bank of Commerce

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