Business - Briefly   

KVB concession to senior citizens

CHENNAI: Karur Vysya Bank is offering 9.25 per cent on senior citizen deposits for a tenure of one year and above and inclusive of three years which is the highest in the industry. It has also launched a deposit, KVB 500, offering 9 per cent rate of interest for 500 days. The bank has increased the rate of interest on domestic term deposits by 50-75 basis points on various time buckets. It has hiked its BPLR to 13.25 per cent from 12.5 per cent, says a release.

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

Stories in this Section

REC bonds to fetch tax relief again
U.S. telcos want India to open up further
Tata, CSN may announce revised bids for Corus
`Nissan plans auto production unit in India'
Mathew panel suggests Enterprise Commission
New chairman for KSINC
FACT imports ammonia
Gramin bank staff to strike work on Friday
Ministry, Coal India meet to chart roadmap
French co.'s focus on civil aviation
Romania and Bulgaria join EU
Bullion rates
Workshop on software maintenance
Sanguine's vehicle for mobile product marketing
Kewal Kiran Clothing on expansion mode
KVB concession to senior citizens
Kotak Life Insurance makes new appointments
AIRIA nominates T. K. Mukherjee as VP
NCDEX to launch 10 gm gold contract
Varun defers listing on Singapore Exchange

Copyright © 2007, The Hindu. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu