Date:01/10/2008 URL: http://www.thehindu.com/2008/10/01/stories/2008100156971800.htm

Business - Briefly

Sundaram Finance hikes deposit rates

CHENNAI: Sundaram Finance has announced an upward revision of 50 basis points in interest rates on fixed and cumulative deposits with effect from October 1. The company will be paying 10.50 per cent on fixed deposits for 12 months and 11 per cent on two - three year deposits, according to a release. — Corporate Reporter