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Punjab National Bank revises interest rates on single domestic term deposits

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Capital Market

With effect from 10 October 2014

Punjab National Bank has announced revision of interest rates of single domestic term deposit of Rs 1 crore to Rs 10 crore as under :

For maturity period
7 days to 14 days - from 4% to 6%
15 days to 29 days - from 4.50% to 6%
30 days to 45 days - from 6.50% to 6.25%
46 days to 90 days - from 7.25% to 7%
271 days to less than 1 year - from 8.75% to 8.50%

The change shall be effective from 10 October 2014

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First Published: Oct 10 2014 | 11:39 AM IST

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