Sundaram Finance to revise interest rates


Sundaram Finance to revise interest rates

The Chennai-based company, in a statement here said it has increased the interest rates offered to senior citizens to 6.40 per cent from 6.15 per cent on two year deposits, and 6.55 per cent as against 6.30 per cent on deposits with a tenure of three years.

Fino Payments Bank on April 30 had said that its shareholders rejected the proposals to increase the authorised share capital of the bank and alteration of capital clause of Memorandum of Association (MoA); as well as the reappointment of independent directors Mahendra Kumar Chouhan and Punita Kumar Sinha.


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