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    Shriram City Union hikes deposit rates

    Synopsis

    Shriram City Union Finance has hiked deposit rates by 5-25 basis points across tenures starting October 14, reports Our Bureau. The highest increase of 25 bps is on deposits for 12, 18 and 24 months, which tranlates to 7%, 7.3% and 7.5%, respectively. The 60-month deposits earn 8.3%. The company has introduced an additional 10 bps benefit for women depositors and 50 bps for senior citizens.

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    MUMBAI Shriram City Union Finance has hiked deposit rates by 5-25 basis points across tenures starting October 14, reports Our Bureau. The highest increase of 25 bps is on deposits for 12, 18 and 24 months, which tranlates to 7%, 7.3% and 7.5%, respectively. The 60-month deposits earn 8.3%. The company has introduced an additional 10 bps benefit for women depositors and 50 bps for senior citizens.



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    (What's moving Sensex and Nifty Track latest market news, stock tips and expert advice, on ETMarkets. Also, ETMarkets.com is now on Telegram. For fastest news alerts on financial markets, investment strategies and stocks alerts, subscribe to our Telegram feeds .)

    Download The Economic Times News App to get Daily Market Updates & Live Business News.

    Subscribe to The Economic Times Prime and read the Economic Times ePaper Online.and Sensex Today.

    Top Trending Stocks: SBI Share Price, Axis Bank Share Price, HDFC Bank Share Price, Infosys Share Price, Wipro Share Price, NTPC Share Price

    ...more
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