Yes Bank is a private bank of India which was founded by Ashok Kapur and Rana Kapoor. The current status of the bank is that it has raised lending and fixed deposit (FD) rates by up to 0.5 per cent after a day of RBI’s status-quo policy. The bank has also revised upwards its base rate by 0.25 per cent to 10.75 per cent which will be effective from August 1, 2013.
Yes Bank has raised its fixed deposit (FD) rates by up to 0.5 per cent and its base rates from 0.25 per cent to 10.75 per cent and will be affected from 1st August’13.
eAnswers Team
Yes Bank is a private bank of India which was founded by Ashok Kapur and Rana Kapoor. The current status of the bank is that it has raised lending and fixed deposit (FD) rates by up to 0.5 per cent after a day of RBI’s status-quo policy. The bank has also revised upwards its base rate by 0.25 per cent to 10.75 per cent which will be effective from August 1, 2013.
Yes Bank has raised its fixed deposit (FD) rates by up to 0.5 per cent and its base rates from 0.25 per cent to 10.75 per cent and will be affected from 1st August’13.