Vijaya Bank reduced rates on deposits
Posted on: 04/Jul/2014 9:53:23 AM
Vijaya Bank has reduced the interest rates on domestic term deposits of Rs.1 crore and above, with a view to bringing down the cost of deposits.
The reduction is by 5 to 50 basis points in six slabs of different maturity periods starting from 46 days to one year in respect of deposits of Rs.1 crore and above with effect from July 3, a release from the Bangalore-headquartered Vijaya Bank said.
