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Bank of Bahrain revises interest rates
HYDERABAD: Bank of Bahrain and Kuwait BSC announced revised interest rates on deposits of less than Rs. 1 crore. According to a release issued here, the new interest rate on deposits of 15-30 days is 4.25 per cent, 31-45 days 4.50 per cent, 46-90 days 4.50 per cent, 91-180 days 4.75 per cent, 181 days to one year 5 per cent, and for above one year and up to five years it is 5.25 per cent. Deposits of Rs.1 crore and above will be quoted by treasury on a daily basis.
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