Date:22/11/2005 URL: http://www.thehindubusinessline.com/2005/11/22/stories/2005112202550600.htm

Back Allahabad Bank raises NRE deposit rates

Our Kolkata Bureau reports: Allahabd Bank has raised interest rates on NRE deposits with effect from November 18.

The NRE savings bank deposit rate has been lowered to 3.5 per cent, down from 4.2 per cent. This is in line with the domestic savings deposit rate.