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ICICI Bank increases interest rates for fixed deposits PDF Print E-mail
Written by Site Administrator   
Tuesday, 06 October 2009 13:13

ICICI increased interest rates for fixed deposits to 8.25%. Now you can get higher returns for your deposits safely if you invest in FDs with ICICI. Senior citizens are assured of even higher rates of interest.

The special schemes were announced in the recent past and are effective from August 17, 2009. Of course, the rates vary based on the number of months for which you invest. As is normal with all banks, a few terms and conditions definitely apply. For more details, you can check their advertisement here, http://www.icicihfc-fixeddeposits.com/index.asp.

You can compare these with other banks and decide for yourself if this is worthwhile.

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BSE Sensex crosses 17k after 16 months PDF Print E-mail
Written by Site Administrator   
Wednesday, 30 September 2009 16:19

Bombay Stock Exchange benchmark Sensex on Wednesday crossed 17,000-points level. This is happening for the first time in almost 16 months after May 2008. In anticipation of strong quarterly earnings, the early morning trading put it past this mark on sustained buying by foreign funds.

At 1100hrs, the sensex recorded 17028.79 points, which is 175.88 points or 1.1% up.

National Stock Exchange index Nifty also moved up 43.90 points at 5,050.75.

The upbeat trading sentiments saw a steep rise in stocks of oil and gas, banking, metal and IT segments.

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