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Indian Bank revises interest rates on term deposits

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Press Trust of India Chennai
Public sector Indian Bank today said it has revised interest rates on term deposits with immediate effect.

The bank announced an upward revision of interest rate on term deposits for one year by 15 basis points.

It also reduced interest rates for a few other tenures by 25-50 basis points with immediate effect, the city-based bank said in a statement here.

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First Published: May 07 2016 | 6:42 PM IST

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