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Centurion Bank cuts deposit rates

NEW DELHI: Centurion Bank has cut the fixed deposits rates by 0.25 per cent, considering easy liquidity situation and soft interest rate regime. The bank revised its term deposits for 7-30 days to 4.25 per cent, while pegging it at 4.5 per cent for 31-45 days. Deposits kept for 46-90 days will now attract 4.75 per cent while it will be 5 per cent for 91-180 days. The rate for 1-5 years deposits has been pegged at 5.75 per cent, a bank release said. Senior citizens will get 0.5 per cent more on various maturities, it added.

— PTI

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