Shares of Allahabad Bank jumped over 4% to hit the weekly high of Rs203.90, after the bank said it launched a special domestic term deposit scheme at an interest rate of 9.25% per annum on deposits of Rs5 crore and above
Allahabad Bank said the special domestic term deposit scheme, valid upto March 31, 2012, has maturity period ranging from 15 days to 120 days.
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Allahabad Bank said the special domestic term deposit scheme, valid upto March 31, 2012, has maturity period ranging from 15 days to 120 days.
....more info