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Tuesday, Nov 11, 2003

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Andhra Bank revises NRE rates

Our Bureau

Hyderabad , Nov. 10

ANDHRA Bank has revised interest rates on term deposits under non-resident external rupee accounts (NRE accounts) with effect from Monday.

The revised interest rates are 1.7 per cent (existing 1.55 per cent) for deposits of one year to less than two years, 2.4 per cent (2.05) for deposits of two years to less than three years and 3 per cent ( 2.65 per cent) for deposits of three years.

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