Canara bank revices domestic term deposit rates

Bangalore, Jan 17 (UNI) Canara Bank today revised their rates of interest upwards on deposits of 180 days and above maturity by 50-100 basis points.

The revised rates for deposits of 180 days and above to less than one year would be seven per cent (previous six per cent), while the new rates for deposts over one year but less than two years would be eight per cent (seven per cent). The rates for deposits for over two years but less than three yers would be 8.5 per cent (7.75 per cent) and interest rate for deposits above three years would be 8.5 per cent (eight per cent).

UNI