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Sundaram Finance to raise interest rates on deposits by 25 bps

Updated : October 17, 2018 02:24 PM IST

The rates will be raised to 7.75 percent from 7.50 percent for deposits and renewals for a tenure of 12 and 18 months, the company said in a statement.
For senior citizens, the rates would be hiked to 8.25 percent from 8 percent for 12 and 18 months, it said.
Sundaram Finance to raise interest rates on deposits by 25 bps

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