Punjab National Bank (PNB), one of the leading public sector lenders in India, decided to revise interest rates on Domestic Term deposits w.e.f June 8, 2015. The revised interest rates are as follows:
On Domestic term deposits of less than Rs 1 crore;
in the maturity bucket of 91-179 days, was revised to 6.75% from 7%
in the maturity bucket of 1-5 years, was revised to 8.25% from 8.50%
in the maturity bucket of 5-10 years, was revised to 8% from 8.25% On Domestic term deposits of Rs 1 crore ��" Rs 10 crore;
in the maturity bucket of 91-179 days, was revised to 7% from 7.25%
in the maturity bucket of 271 - < 1 year, was revised to 8% from 8.25%
in the maturity bucket of 1 - 2 years, was revised to 8.25% from 8.50%
in the maturity bucket of >2 year- 5year, was revised to 8.25% from 8% Shares of the company declined Rs 0.75, or 0.49%, to settle at Rs 150.80. The total volume of shares traded was 656,563 at the BSE (Wednesday).
