Axis Bank cuts deposit rates by 0.50%

Last Updated: Monday, August 31, 2015, 21:14

Axis Bank, country's third largest private sector lender, Monday cut its deposit rates, generally considered a precursor for a lending rate cut, by up to 0.50 percent across maturities.

Lakshmi Vilas Bank raises deposit rates by 1%

Last Updated: Tuesday, June 16, 2015, 18:54

The bank, which had a low share of the cheaper current and savings account deposits at 16.7 percent as of March, will offer 5 percent interest on saving bank deposits of up to Rs 5 lakh, it said in a statement.

RBI nod for different rates on deposits with early withdrawal

Last Updated: Thursday, April 16, 2015, 17:06

The Reserve Bank Thursday allowed banks to offer differential interest rates on term deposits depending on whether they are with or without premature withdrawal facility.

ICICI, HDFC Bank cut bulk deposit rates by up to 0.25%

Last Updated: Monday, March 30, 2015, 18:58

Fixed deposit rate of maturity between 121-150 days has been revised downward to 8 per cent from 8.25 per cent earlier.

Axis Bank cuts deposit rates by up to 0.25%

Last Updated: Thursday, March 19, 2015, 18:46

The third largest private sector lender has cut its deposit rate offerings by 0.25 percent across buckets in the 18 to 36 months window, a bank official said Wednesday.

Canara Bank hikes deposit rates by 0.50%

Last Updated: Friday, November 8, 2013, 14:47

Taking cue from other lenders, state-run Canara Bank on Friday hiked interest rates on fixed deposits by up to 0.50 percent.

Public and pvt sector banks hike NRI deposit rates

Last Updated: Friday, August 23, 2013, 23:23

Many private and public sector banks, including Axis Bank, Federal Bank and IDBI Bank, have raised their NRI deposit rates following the recent liberalisation of the same by the Reserve Bank.

ICICI Bank raises fixed deposits rates by up to 0.75%

Last Updated: Wednesday, August 21, 2013, 17:28

The private sector bank has raised interest rate on term deposits with 46-60 day maturity by 0.75 percent to 7 percent. For 61-289 days as well, the increase is by similar percentage points to 7.75 percent.

PNB raises NRI deposits rates by 1%

Last Updated: Friday, August 16, 2013, 21:36

Punjab National Bank (PNB) on Friday raised interest rates on NRI deposits of over 3 years by 1 percent, days after the Reserve Bank deregulated interest rates on such deposits.