Sbic Opens 11th Office In Us
The prestigious JRD Tata Corporate Leadership Award was conferred upon Deepak Parekh, chairman,HDFC, at the 40th Foundation Day celebrations of the All India Management Association. The Foundation Day was celebrated on February 21.
Shigeko M Asher, Resident Representative of Asian Development Bank, Manila, has joined the board of directors of Centurion Bank Ltd in place of Richard O Wada Correction: The interest rates of IndusInd bank for domestic fixed deposits were wrongly reported by us in Personal Finance on February 25, 1996. The banks fixed deposit rates per annum are as follows: 10.0 per cent for deposits of 30 days up to one year; 13.5 per cent for above one year and up to 18 months; 14 per cent above 18 months and up to three years; and 15 per cent for above three years and up to five years.