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IDBI cuts deposit rates

IDBI has reduced interest rates on some of its term deposits

Apnaloan.com Research Bureau

14 Nov 2007

IDBI bank has reduced interest rates on a few term deposits. The rate on its 360-day deposit has been reduced by 0.75 bps to 8.75 per cent. Interest rates for the 500-day, 800-day and 5-year deposits have been reduced to 9%.