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Money & Banking - Public Sector Banks


Dena Bank revises NRE deposit rates

Our Bureau

Mumbai , April 19

IN keeping with RBI's recent directive, Dena Bank Ltd has revised interest rates on its Non-Resident External Deposits.

The interest rate for one, two and three year NRE deposits have been revised to 1.35 per cent, 1.90 per cent and 2.40 per cent respectively with immediate effect, said a press release.

Interest rates on NRE savings deposits for the quarter April-June 2004 has been fixed at 1.20 per cent.

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