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Saturday, May 16, 2009
ICICI Pinches - IDBI Slashes: Deposit Rates
ICICI and IDBI has changed theirinterest rates recently.
ICICI had reduced the FD's interest rate for up to 90 days and 90-180 days as 4.5% and 5.5% respectively and for 270 days it has been increased to 7%.
IDBI also reduced its interest rates for the FD below 1100days from 8.75% to 7.75%
Hope it could allow people to invest in market rather than these simple figures of interest.
Cheers!!!
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