Corp Bank hikes NRE term deposit rates

Mumbai, July 1 (UNI) Corporation Bank has increased its interest rates on Non-Residential External (NRE) term deposits on an average, by 15 basis points across the slab, with effect from today.

The Bank revised the interest rates and increased it to 3.31 per cent from existing 3.16 per cent for a tenure of one to two years, 3.60 per cent from 3.46 per cent for a tenure of two to three years and 3.95 per cent from 3.81 per cent for a period of three to ten years, the Bank said in a release here.

UNI PP RN AG1744