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NO IMMEDIATE PLANS TO SLASH DEPOSIT RATES: UNION BANK OF INDIA.

Publication: AsiaPulse News
Publication Date: 10-NOV-09
Format: Online
Delivery: Immediate Online Access

Article Excerpt
NEW DELHI, Nov 10 Asia Pulse - State-owned Union Bank of India (BSE:532477) on Monday said there is no immediate plan to cut deposit rates even as leading banks like SBI (BSE:500112) and PNB (BSE:532461) have slashed rates by up to 50 basis points.

"Our interest rate is appropriately...

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