Bandhan Bank’s Interesting Rates
Moneylife Digital Team 04 September 2015

Private banks offer better rates on savings than PSBs

 

Bandhan Bank, the newest commercial bank to be launched in mid-August, offers 4.25%pa on savings account for deposits below Rs1 lakh and 5% for deposits above Rs1 lakh. While the rate is better than public sector banks (PSBs) that offer 4%pa, there are private banks like Yes Bank, Kotak Bank, IndusInd Bank, RBL Bank and FirstRand Bank that...
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