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Sarkaritel.com News and
Features-Corporate News
OBC Revised Interest Rates on Deposits &
PLR
New Delhi, December 26, 2006
Oriental Bank of Commerce has revised upwards Rate of
Interest on Domestic Term Deposits ranging between 25 basis
points to 100 basis points across all maturities. The revised
card rate for Term Deposits (Domestic) shall be effective from
today i.e. December 26, 2006.
It has also raised its Prime-Lending Rate (PLR) by 25 basis
points from 11.50% to 11.75% with effect from January 15,
2007.
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