KOCHI: Corporation Bank has increased the interest rates on term deposits.
The interest rates on term deposits up to Rs.15 lakhs for 15 days to 45 days is 4.5 per cent, 46 days to 90 days is 5.5 per cent, 91 days to 179 days is 5.75 per cent, 180 days to less than 1 year is 6.25 per cent, 1 year to less than 2 years is 6.75 per cent, 2 years to less than 3 years is 7 per cent, 3 years to less than 5 years is 7.25 per cent, 5 years and above is 7.5 per cent, according to a press release.
The bank organised a Hindi workshop in Kochi on June 23 and 24 for the Hindi Liaison Officers from Kerala branches. U.N. Chandramohan, Assistant General Manager, presided over the inaugural function. He said the use of Hindi would be helpful to expand the client base. C.J. Kamath, Manager, Zonal Office, Kochi, spoke at the concluding session