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Yes Bank cuts deposit rates by 0.75 per cent

Yes Bank has reduced interest rates on its deposits by 0.75 per cent.

Apnaloan.com Research Bureau

10 Aug 2007

Mumbai-based private bank, Yes Bank, has reduced interest rates on its fixed deposits by 0.75%. With this, the new interest rate on fixed deposits for one to two years will be 9.5% as against 10.25% till now. For senior citizens, the interest rates will be slightly higher at 9.75%. In the case of fixed deposits for two to three years, the interest rate will be 8.75%, as against the earlier 9.5%.