Date:11/01/2007 URL: http://www.thehindu.com/2007/01/11/stories/2007011108171709.htm

Business - Briefly

Corporation Bank revises interest rates

MANGALORE: Corporation Bank has revised the interest rates on domestic term deposits and capital gains accounts scheme 1988 [scheme B] from January 9. For term deposits of less than Rs. 15 lakhs, the revised interest rates are: 5.25 per cent for maturity period of 30 to 45 days, 5.50 per cent for 46 to 90 days, 6.25 per cent for 91 to 179 days, 7.25 per cent for 180 days to less than one year and 8.25 per cent for one year and above.