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Tuesday, Nov 22, 2005


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Money & Banking - Interest Rates


Dena Bank raises term deposit rates

Our Bureau

Mumbai , Nov 21

DENA Bank said it has increased the interest rates on domestic term deposits with effect from November 21, by 25 basis points.

For deposit amount up to Rs 15 lakh the revised rates on various maturities are 5.75 per cent (5.5) for period of 180 days to less than a year, 6 per cent (5.75) for period of one year to less than two years, 6.25 per cent (6) for period of three years to less than five years and for five years to 10 years, it said in a press release.

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