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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.

Customers to get interest on savings acc sooner than 3-mths

Last Updated: Saturday, November 30, 2013, 00:11

Most of the banks currently credit the interest accrued on the savings accounts every six months.

RBI deregulates interest on savings accounts in UCBs

Last Updated: Saturday, November 26, 2011, 00:29

The Reserve Bank today deregulated interest rate on savings accounts in Urban Co-operative Banks (UCBs), a move that will fetch better returns for depositors.