Tag Archives: Indian Bank

Indian Bank signs MOU with HMIL

Indian Bank has entered into a Memorandum of Understanding (MOU) with Hyundai Motors India Limited (HMIL), manufacturer of Hyundai cars for a preferred financial arrangement to operate under the Brand name of ‘Indian Bank-Hyundai Finance’ towards generation of car loan business through HMIL dealers in the country. The MOU signed today and valid for a period [...]
Posted in Banking News | Also tagged , , , , | Leave a comment

Indian Bank revises interest rates on FCNR, NRE deposits

Indian Bank has revised interest rates on FCNR (B) and NRE deposits with effect from January 1. For FCNR (B) deposits, in US Dollar the revised interest rate has been fixed at 1.98 per cent for deposits of one year and above but less than two years (2.02 per cent existing); at 2.39 per cent. [...]
Posted in Banking News | Also tagged , , , , , | Leave a comment