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BRIEF-Dena Bank cuts savings account interest rate to 3.50 pct p.a. for balance up to 2.5 mln rupees
August 21, 2017 / 8:56 AM / 3 months ago

BRIEF-Dena Bank cuts savings account interest rate to 3.50 pct p.a. for balance up to 2.5 mln rupees

Aug 21 (Reuters) - Dena Bank:

* Reduces interest rate on savings bank account for balance up to 2.5 million rupees to 3.50 percent per annum

* Says for savings deposits above 2.5 million rupees interest rate would remain unchanged at 4.00 percent per annum Source text: [Dena Bank has reduced the Interest rate on savings bank account for balance up to Rs. 25 lakh to 3.50% per annum from the existing rate of 4.00% per annum. For deposits above Rs. 25 lakh, the interest rate would remain unchanged at 4.00% per annum.] Further company coverage:

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