For FCNR (B) deposits of 1 year to less than 2 years, in US Dollar terms, the revised interest rates are 2.48 per cent as compared to 2.51 per cent earlier, the bank said in a statement on Wednesday.
State-run Dena Bank has lowered interest rates on foreign currency non-resident deposit (FCNR) (B) with effect from on Wednesday.
For FCNR (B) deposits of 1 year to less than 2 years, in US Dollar terms, the revised interest rates are 2.48 percent as compared to 2.51 percent earlier, the bank said in a statement on Wednesday.
The revised interest rate on FCNR (B) deposits of 2 years to less than 3 years would be 2.82 percent as against 2.91 percent, while for deposits of 3 years to less than 4 years, the rates are 4.13 percent as compared to 4.26 percent.
The bank would offer an interest rate of 4.38 percent on FCNR (B) deposits of 4 years to less than 5 years. For FCNR (B) deposits of 5 years only, the rate has been lowered to 4.56 percent as compared to 4.70 percent earlier.
Dena Bank stock price
On April 01, 2015, Dena Bank closed at Rs 51.35, up Rs 0.55, or 1.08 percent. The 52-week high of the share was Rs 94.40 and the 52-week low was Rs 46.75.
The company's trailing 12-month (TTM) EPS was at Rs 7.38 per share as per the quarter ended December 2014. The stock's price-to-earnings (P/E) ratio was 6.96. The latest book value of the company is Rs 132.81 per share. At current value, the price-to-book value of the company is 0.39.
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