Yes Bank, one of the leading private sector banks, has reduced the interest rates on savings account to 6% per annum (p.a) from the existing 7% p.a with effect from November 1, 2015.
The bank leverages its 700 plus branch network, over 1300 ATMs, a wide range of offerings and a strong digital presence to offer best-in-class banking services for all customer segments with growing emphasis on retail banking customers.
Shares of the bank gained Rs 0.1, or 0.01%, to settle at Rs 770.15. The total volume of shares traded was 184,904 at the BSE (Tuesday).