Question

Which bank has introduced a 175-day tenor fixed deposit

Q: Answer-Which bank has introduced a 175-day tenor fixed deposit at an interest of 7.50 per cent per annum fo...

BankofIndiaBoIhasintroduceda175daytenorfixeddepositataninterestof750percentperannumfordepositsof2croreabovetolessthanRs50croreamidliquiditytightnessinthebankingsystemandcreditgrowthoutstrippingdepositgrowth

at an interest of 7.50 per cent per annum for deposits of ₹2 crore & above to less than Rs.50 crore?

A Union Bank of India

B Bank of India

C Central Bank of India

D Indian Overseas Bank

E None of these

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Which bank has introduced a 175-day tenor fixed deposit

Solution