Oriental Bank of Commerce increases term deposits interest

Friday, April 7, 2006, 18:34 [IST]

Mumbai, Apr 7 (UNI) Oriental Bank of Commerce has announced change between 25-75 basis points in interest rates for its term deposits (domestic).

The hike in interest rate on deposit is the range of 25 basis points to 75 basis points for term deposits (domestic) of less than Rs 15 lakh, and 25 basis points to 100 basis points for the single term dposits (domestic) for Rs 15 lakh and above.

The interest rates on foreign currency deposits for non-residential Indians'(NRIs) have also been revised upward by 25 basis points on USD,Great British Pound (GBP),Euro, Australian and Canadian dollars,effective from March 29,2005, the release added.

UNI AR PP SKB1802

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Silver touches new peak on bullish global advice, gold flat

Friday, April 7, 2006,18:34 [IST]

Mumbai, Apr 7 (UNI) Silver rates today touched a new peak of Rs 18,095 per kg on bullish global advice while gold remained steady at Rs 8,715 per ten gm, traders at the bullion market here said. Silver .999 fineness variety opened high at Rs 17,980 per kg. Later, it crossed the Rs 18,000-mark in mid-session and finally closed at Rs 18,095 per kg, with a massive gain of Rs 225 from its yesterday's close. There was.....

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