Date:08/07/2008 URL: http://www.thehindu.com/2008/07/08/stories/2008070855351700.htm

Business - Briefly

Corporation Bank launches New CorpGain

MANGALORE: Corporation Bank has launched a term deposit scheme — New CorpGain — for a fixed period of 400 days with an interest rate of 9.60 per cent per annum. This interest rate is applicable for a minimum deposit amount of Rs. 25,000 and less than Rs. 15 lakh. The offer is for a limited period with effect from July 8, a bank release said. —Special Correspondent