Canara Bank hikes fixed deposit rates by up to 25 basis points : Rashtra News
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Interest rate on fixed deposits for tenure 1 year has been increased to 5.1 per cent while for one-two years it is raised to 5.15 per cent from 5 per cent, it said.
Fixed deposit between 2-3 years would invite interest rate of 5.20 per cent and 3-5 years 5.45 per cent from 5.25 per cent earlier, it said.
Maximum 25 basis point hike has been done for the 5-10 years fixed deposit slab to 5.5 per cent, it added.
Senior citizens would earn 50 basis point more across all the brackets.
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( News Source :Except for the headline, this story has not been edited by Rashtra News staff and is published from a economictimes.indiatimes.com feed.)
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