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BoR increases term deposit rates

BoR increases term deposit rates of some maturities

Apnaloan.com Research Bureau

05 Feb 2008

Bank of Rajasthan (BoR) has increased the interest rate on its term deposits of some maturities.

According to a press release from the bank, the interest rate on term deposits of 91-171 days is 7 per cent. The bank has also increased the rate of deposits of 15-18 months to 9.25 per cent. Senior citizens will get an additional interest of 0.5 per cent.