ING Vysya Bank hikes deposit rates by 25-50 bps

The rate hike effective from August 28, 2013

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Somasroy Chakraborty Kolkata
Last Updated : Aug 29 2013 | 5:30 PM IST
ING Vysya Bank today said it has increased interest rates on deposits by 25-50 basis points.

The rate hike is effective from August 28, 2013.

"We are passing on the benefit to our customers across both short-term and long-term deposits in line with recent developments in financial markets," Brett Morgan, country head of branch banking and private client group at ING Vysya Bank, said.

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First Published: Aug 29 2013 | 5:28 PM IST

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