Date:02/02/2005 URL: http://www.thehindubusinessline.com/2005/02/02/stories/2005020202190600.htm

Back SBT increases NRE/FCNR rates

Our Bureau

Thiruvananthapuram , Feb. 1

STATE Bank of Travancore (SBT) has raised the interest rates on NRE and FCNR term deposits from February 1.

The interest rates for FCNR term deposits in major currencies have also been revised. The interest rates for RFC deposits for a period of six months to less than one year remains at one per cent.