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102 years old private bank hikes FD rates up to 8.50% on a tenor of 300 days

Tamilnad Mercantile Bank is a private sector established in 1921 and the 102 years old bank which has a PAN India presence with 509 branches all over India and 12 regional offices has hiked interest rates on fixed deposits of less than ₹2 Cr.
Source: money

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