Yes Bank,
India’s fifth largest private sector bank, has announced changes in its
savings deposits interest rates slabs for resident and non-resident
customers.
The revised rates will be effective from September 1, 2017, said the bank in a BSE filing on Thursday post market hours.
As per revised rates, 5% interest will be given for savings balance of less than Rs 1 lakh as against the previous rate of 6% per annum and 6.25% interest will be given for savings balance of Rs 1 crore and above as against the previous rate of 6.5% per annum.
The interest rate for savings balance of Rs 1 lakh to less than Rs 1 crore remained unchanged at 6% per annum.
Yes Bank was trading at Rs 1767.15 per share, up by Rs 5.70 or 0.32% as at 0932 hours on Thursday, on the BSE. It has 52-week high at Rs 1,860 (July 28,2017) and 52-week low at Rs 1,091.25 (December 26, 2016)..
The revised rates will be effective from September 1, 2017, said the bank in a BSE filing on Thursday post market hours.
As per revised rates, 5% interest will be given for savings balance of less than Rs 1 lakh as against the previous rate of 6% per annum and 6.25% interest will be given for savings balance of Rs 1 crore and above as against the previous rate of 6.5% per annum.
The interest rate for savings balance of Rs 1 lakh to less than Rs 1 crore remained unchanged at 6% per annum.
Yes Bank was trading at Rs 1767.15 per share, up by Rs 5.70 or 0.32% as at 0932 hours on Thursday, on the BSE. It has 52-week high at Rs 1,860 (July 28,2017) and 52-week low at Rs 1,091.25 (December 26, 2016)..
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