Union Bank lures investors with 8% interest on deposits
Published Sunday, September 10, 2006 by Money Man Mike | E-mail this post
New Delhi: Like peers in the banking sector, Union Bank of India on Friday launched a new deposit scheme to attract small investors by giving 8 per cent interest and 8.5 per cent to senior citizens.
Dhingra said the funds will be utilised to give more loans to customers as credit growth is robust.
Tagged: investment
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