Vijaya Bank raises interest rate on deposit
Vijaya Bank has raised its interest rates offered on deposits of 'one to less than two years' maturity by 30 basis points from 8.50 per cent to 8.80 per cent, effective tomorrow.
In a move that will provide better returns on fixed deposits, the country's largest lender, State Bank of India on Monday raised deposit rates by up to 1.5 per cent, across various maturities, with effect from Tuesday.