PUNJAB NATIONAL BANK CUTS INTEREST RATES ON MOST NRI DEPOSITS

Punjab National Bank (PNB) has slashed interest rates on most NRI deposits of foreign currency denominations.

The bank cut the rates on USD denominated deposits in the range of 0.18% to 0.38% points. It has also slashed rates on GBP, Canadian Dollar and Australian Dollar deposits.

Source: http://economictimes.indiatimes.com/news/news-by-industry/banking/finance/banking/PNB-cuts-interest-rates-on-most-NRI-deposits/articleshow/5293414.cms