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      Question

      Which bank has introduced a 175-day tenor fixed deposit

      at an interest of 7.50 per cent per annum for deposits of โ‚น2 crore & above to less than Rs.50 crore?ย 
      A Union Bank of India Correct Answer Incorrect Answer
      B Bank of India Correct Answer Incorrect Answer
      C Central Bank of India Correct Answer Incorrect Answer
      D Indian Overseas Bank Correct Answer Incorrect Answer
      E None of these Correct Answer Incorrect Answer

      Solution

      Bank of India (BoI) has introduced a 175-day tenor fixed deposit at an interest of 7.50 per cent per annum for deposits of โ‚น2 crore & above to less than Rs.50 crore, amid liquidity tightness in the banking system and credit growth outstripping deposit growth.

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