Quarter end result season will start soon

The Half yearly works of the Banks is over by now. Within next few days they will start flashing their business figures and within next 15 days their results season will start. Keeping in view the macro economic data the results will be below the expecations and the NPA is expected to rise. Let us hope that our banks will be in good health so that our money will be safe.

Bank of Baroda Revises interest on retail deposits wef Ist October 2013

Here is the rate of interest applicable on retail deposits at Bank of Baroda with effect from 1st October 2013. (deposits of upto Rs.1 crore)

7 to 45 days 4.5%
46 days to 90 days 6.5%
91 days to 180 days 7.3%
181 days to 270 days 7.75%
271 days to less than 1 year 8.25%
1 year and above till 10 years 9.05%