NEWS & ADVICE : FIXED DEPOSITS
Vijaya Bank slashes it term deposit rates
By Neelima Shankar
Jul 3, 2014
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It has been reported that public sector bank- Vijaya Bank has decided to cut down it domestic term deposit rates. In order to bring down the cost of deposits the bank has decided to cut down the rates.

Bank reported that the reduction of 0.5% to 0.50% has been made on the six slabs of different maturity periods staring from 45 days to 1 year. The changes are for the deposits of Rs 1 crore and above and the new rates will be applicable from today onwards.


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