A K Singhal, TTD Executive Officer, told reporters in Tirupati that several nationlised and private banks took part in the tender process recently, after which about Rs 3,000 crore was deposited with Andhra Bank at 7.32 per cent. Another Rs 1,000 crore was deposited with IndusInd Bank that quoted 7.66 per cent interest, he said.
Get the latest election news, live updates and election schedule for Lok Sabha Elections 2019 on ndtv.com/elections. Like us on Facebook or follow us on Twitter and Instagram for updates from each of the 543 parliamentary seats for the 2019 Indian general elections. Election results will be out on May 23.