Thursday November 5, 08:11 PM Reuters

Punjab National Bank cuts term deposit rates by 25-50 bps

MUMBAI (Reuters) - Punajb National Bank said on Thursday it has cut interest rates on some of its retail term deposits by 25 to 50 basis points, effective Nov 9.

The highest interest rate on its retail term deposits will now be 7 percent, it said in a statement.

(Reporting by Ketan Bondre; Editing by Sunil Nair)

(For more news on Reuters Money visit http://www.reutersmoney.in)

RECENT BUSINESS NEWS

RELATED NEWS

RSS FEEDS

All headlines to your personalized My Yahoo! page
(Learn about My Yahoo! and RSS)
  • All Business News
  • India Business News
  • World Business News
  • Personal Finance News
More Finance RSS Feeds




Quotes delayed, except where indicated otherwise.
Delay times are 15 mins for BSE and NSE(when not logged-in) See also delay times for other exchanges.

All information provided "as is" for informational purposes only, not intended for trading purposes or advice. Prior to execution of any security trade, you are advised to consult your authorized financial advisor to verify the accuracy of all information. Neither Yahoo! nor any independent provider is liable for any informational errors, incompleteness or delays or for any actions taken in reliance on information contained herein. By accessing the Yahoo! site, you agree not to redistribute the information found herein.