Thursday, July 29, 2010

GRUH FINANCE LIMITED ----- Revision in the deposit rate of interest effective 2nd August ' 2010

The RBI has recently announced an increase in the Repo and Reverse Repo rates, in the quarterly review of the credit policy on 27th July '2010.

 

In view of the hike in the reference rates as announced by the RBI, GRUH has decided to increase the rate of interest offered on its Deposit products effective 2nd August '10.

 

Please find enclosed herewith the chart of the revised rate of interest offered on GRUH Deposits effective 2nd August '10 for your reference.

 

Period

Old Rate (%)

New Rate (%)

12

7.00

7.35

24

7.25

7.60

36

7.50

7.85

48

7.50

7.85

60

7.75

8.10

72

7.75

8.10

84

7.75

8.10

 

 

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Safe Harbor:

The information contained and provided on this Website provides Investment advice for the education of investors. The posts are an information service only. Recommendations, opinions or suggestions are given with the understanding that readers acting on this information assume all risks involved. We do not assume any responsibility or liability resulting from the use of such information, judgment and opinions for Trading or Investment purposes.
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