Business - Briefly   

Karnataka Bank revises NRE deposit rates

MANGALORE: Karnataka Bank has revised the interest rates on its non-resident (external) rupee deposit (NRE) scheme with effect from August 1. The rate for deposits of one year to less than two years is 6.70 per cent (6.54 per cent earlier), for two years to less than three years 6.70 per cent (6.44 per cent) and three years to five years 6.70 per cent (6.42 per cent). The changes in interest rates will also apply to renewal of repatriable NRE deposits, says a bank release.

Printer friendly page  
Send this article to Friends by E-Mail

Stories in this Section

Hindustan Tin signs pact with Rexam of U.K.
Stringent laws sought to tackle counterfeiters
Home, other loans costlier by up to 100 basis points
Loyalty programme unveiled
BTS India Private Equity fund launched
Mauritius fund to invest in Everonn Systems
BT signs deal with Wipro Technologies
India, U.S. tie up for pharmacopoeia
Maruti Udyog increases prices of some models
Rupee reacts against $
Sensex closes flat
Exchange rates
Bullion rates
Seminar on business opportunities
Air Arabia increases frequency
Apollo Sindhoori launches Sensex Futures on BSE
Pyramid Saimira files prospectus with SEBI
MphasiS BFL Q1 net drops
PNB posts marginal increase in profits
Granules' product gets USFDA nod
Natco Pharma's Q1 net up
Northgate posts higher Q1 net
DQ Entertainment, Onyx Films form JV
Warranty on Champion XL printers
Sanovi Tech secures additional funding
Karnataka Bank revises NRE deposit rates
Hinduja TMT Q1 net up
ADA, Altair to collaborate on aerospace industry
Bal Pharma net up 16 p.c.
ATF rates up again
Sanjiv Batra to take over as MMTC Chairman
TDSAT rejects petition on ADC

Copyright © 2006, The Hindu. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu