BoR hikes interest rates on term deposits by 50 points

Mumbai, May 17 (UNI) The Bank of Rajasthan (BoR) has revised interest rates on term deposits with effect from May 15.

Accordingly, the interest rates on one year to less than two years term deposits have been raised by 50 basis points or half a per cent from 6.50 to 7.00, and two years to less than three years term deposit have been raised by 25 basis points from 7.00 to 7.25 per cent, said a BoR press release here today.

UNI SN MAZ SKB1809