Canara Bank realigns interest rates

Bangalore, Oct 31: Canara Bank has realigned interest rates on NRE and NRNR term deposits at par with interest rates on domestic term deposits from November 1. For NRE term deposits of less than Rs 15 lakh, it is seven per cent for six months to less than one year, eight per cent for one year to less than two years, 8.25 per cent for two years to less than three years and 8.50 per cent for three years and above, a Canara Bank press release said.

— PTI