PREMIUM STOCK TIP : BUY ZUARI ABOVE 379 TARGET 384 WITH SL 373
ZUARI ACHIEVED TARGET 384 MARKET HIGH IS 387.80
MM FUTURE POWER : TIP BUY CEAT TYRE FUTURE ABOVE 1360 TOTAL 12 LOTS WITH SL 1350
CEAT FUTURE ON FIREEEE NOW AT 1383.40
MM ELITE OPTION TIP : BUY JINDAL STEEL 130 CALL ABOVE 6.70 TARGET 7.50 WITH SL 5.80 TOTAL 12 LOTS
JINDAL STEEL 130 CALL TG 7.50 MKT HIGH IS 7.70
IDBI Bank has lowered interest rates on retail term deposits by 0.5 % for maturity between 31 days to up to 2 years, reported PTI. The new rates on these deposits range from 4.50 % to 6.40 %. For senior citizens, the new rates will be ranging from 4.5% to 6.90 %. All maturity buckets from above 2 years onwards to up to 20 years have been cut by 0.75 % to 6 %.
Senior citizens will get 6.50 % interest for all maturity buckets. On recurring deposits of regular customers, rates are slashed by 0.50-0.75 % to 6.40-6 % for 1 year to up to 10 years. For senior citizens, the recurring deposit rate is reduced by 0.5 % for 1-2 year tenure. For over 2 years to 10 years bucket, rates are down by 0.75 % each to 6.50 %.
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