Yes Bank, the country’s fourth largest
private sector bank, has revised its Base Rate to 10.75% per annum an increase
of 25 basis points (bps) with effective from August 01, 2013. The bank has also
revised the interest rates payable on domestic term deposits by 0.25% per annum
to 0.5% per annum in select tenors. This provides an opportunity for retail
depositors to lock in higher rates on term deposits.Thursday, August 1, 2013
Epic Update : Yes Bank
Yes Bank, the country’s fourth largest
private sector bank, has revised its Base Rate to 10.75% per annum an increase
of 25 basis points (bps) with effective from August 01, 2013. The bank has also
revised the interest rates payable on domestic term deposits by 0.25% per annum
to 0.5% per annum in select tenors. This provides an opportunity for retail
depositors to lock in higher rates on term deposits.
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