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Oriental Bank cuts rate on term deposit of Rs. 1 crore

The private lender has reduced the rate from 9.25% to 9% per annum from October 08, 2013.

October 08, 2013 12:01 IST | India Infoline News Service
Oriental Bank of Commerce has reduced interest rate on term deposit of Rs. 1 crore & above having maturity of 180 days to less than two years by 25 basis points (bps) to 9% per annum.

The private lender has reduced the rate from 9.25% to 9% per annum from October 08, 2013.

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