Date:26/04/2005 URL: http://www.thehindubusinessline.com/2005/04/26/stories/2005042601640600.htm

Back Dena Bank raises term deposit rates

Our Bureau

Mumbai , April 25

DENA Bank has increased its interest rates on domestic term deposits with effect from Tuesday, said a press release from the bank.

The increase of 25 to 50 basis points will be in four maturities. This increase will be effective for non-resident ordinary term deposits also. The revised interest rates will be applicable on renewals and fresh term deposits.