Date:01/07/2008 URL: http://www.thehindu.com/2008/07/01/stories/2008070154871700.htm

Business

Sundaram Finance raises deposit rates

Sundaram Finance has announced an upward revision in interest rates with effect from July 1. It has increased the interest rate on one-year deposits to 10 per cent per annum from nine per cent. On two- and three-year deposits, the rate has been increased to 10.5 per cent.