: Taking into consideration of prevailing market conditions, Tamilnad Mercantile Bank Limited has increased its Domestic Term Deposit interest rates for various maturities by 25 to 100 basis points upwardly with effect from March 17, 2012 (Saturday). The bank has offered the highest interest of 10.25 per cent for one year to less than two years tenure, according to Selvan Rajadurai, General Manager, Business Development, Tamilnad Mercantile Bank.

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