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NL Corresspondent Jammu Tawi: Bank of Baroda (Bank), one of India’s leading public sector banks, today announced an increase in interest rates on Domestic Retail Term Deposits, including NRO and NRE Term Deposits, by 25 basis points on select tenors. These rates are applicable on deposits below Rs 2 crore, with effect from March
Notably, the Bank of Baroda in December 2022 increased retail term deposit interest rates by up to 65 bps and in November 2022 by up to 100 bps.
Get latest articles and stories on Business at LatestLY. Bank of Baroda on Friday announced it will increase interest rates on domestic retail term deposits -- including NRO and NRE term deposits, by 25 basis points on select tenors. Business News | Bank of Baroda Increases Interest Rates on Retail Term Deposits.