Kerala - Thiruvananthapuram   

Interest rates hiked

THIRUVANANTHAPURAM: The State government has announced an increase of 0.5 per cent in the interest rates on all new fixed deposits put in primary cooperative societies and cooperative banks during November, an official release said. The interest rates applicable for these deposits are: 4.5 per cent for deposits made for 15 to 45 days, 5.5 per cent for 46 to 90 days, 6.5 per cent for 91 to 179 days, 8.5 per cent for 180 to 364 days and 9.5 per cent for one year and more. Senior citizens will get an additional 0.5 per cent interest on their fixed deposits. — Special Correspondent

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