Date:29/11/2008 URL: http://www.thehindu.com/2008/11/29/stories/2008112951221500.htm

Business - Briefly

CUB introduces 1,000-day deposit scheme

CHENNAI: City Union Bank (CUB) has launched a new product called “CUB 1000” carrying an interest rate of 11.60 per cent for senior citizens and 11.30 per cent for general category. The deposit is for 1,000 days and the scheme comes in to effect from November 24.