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United Bank cuts deposit rates

United Bank of India has revised interest rates on term deposits

Apnaloan.com Research Bureau

21 Nov 2007

United Bank of India has revised interest rates on domestic term deposits of certain maturities, according to a press release issued by the bank.

The rate of interest on term deposit for 3 yrs to 5 yrs will be 8.75 per cent and for 5 yrs and above, the revised rate will be 8.5 per cent. The rates of interest on other maturities will remain unchanged.