Moneylife » Personal Finance » Banking » Deutsche Bank increases domestic, NRE deposit rates
Deutsche Bank increases domestic, NRE deposit rates
| 29/06/2012 07:14 PM |
The German bank has hiked its deposit rates for domestic and NRE depositors in the range of 1.10%-1.40 % for various tenors
Deutsche Bank today hiked its deposit rates for domestic and NRE depositors in the range of 1.10%-1.40 % for various tenors, reports PTI.
For domestic depositors, the German bank will now give 9.25% interest for two to three year tenor deposits against earlier 8%, Deutsche Bank India said in a release here.
Similarly, the bank has increased deposit rates to 9.5% for three to five years tenor for domestic deposits too.
The bank will increase deposit rates in the range of 1.10%-1.40% for various tenors falling in the two to five year period in NRE accounts.
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