Page 27 - Banking Finance January 2019
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A


                  ita  S a    inance  an   i e  intere t rate     to      on

                                                       Saving

           henna    nd  anuar          u tas S a     nance Ban   the  of    ears   da  to    ears  Sen or c t  ens       et  enef t
          ne  a e  an  that   ves ch  dren   outh  fa    es and  of       add t ona   nterest rate that  a es to         a
           us ness  eo  e across  nd a a ne  and fun  a  to  an
                                                              Saving   an   ntere t Rate  w e     t  an
          has rev sed the  nterest rates on  t sav n s account   th
                                                               Dai     o ing  a ance             Rate S a
          effect fro   st  anuar          u tas S a     nance Ban
                                                                 to Rs     a h
          offers      er cent  er annu   nterest on SB de os ts for
           a ance u  to    a h a ove Rs     a h and u  to Rs      a hs   A ove Rs     a h and u to Rs      a h
                  a  a ove Rs      a hs and u  to Rs    crs         a   A ove Rs      a hs and u to Rs    crs
          a ove Rs    cr and u  to Rs    crs          a  a ove Rs     A ove Rs    cr and u to Rs    crs
          crs and u  to Rs     crs          a  a ove Rs     crs and u
                                                               A ove Rs    crs and u to Rs     crs
          to Rs     crs          a
                                                               A ove Rs     crs and u to Rs     crs
                                                               A ove Rs     crs                   ontact Branch
            u tas offers  nterest on f  ed de os t        a for a tenure

            nite   an  o   n ia  artner  wit  SR      i  ent  inance  or co

                                               origination o   oan
           o  ata head uartered  S  Ban    n ted Ban  of  nd a has  artnered   th a  re  er  B    SR     u   ent   nance
                                                                       ted to  f nance the MSM  A r cu ture Sector
                                                                    nder th s arran e ent   n ted Ban  of  nd a
                                                                    evera e  ts  o  cost of funds to co or   nate and co
                                                                    end the  oans to th s sector   th SR   at a  utua
                                                                   a reed rat o   he f o  of funds fro   n ted Ban  of
                                                                    nd a        he    custo ers  to   urchase  var ous
                                                                   e u   ent veh c es  n a sea  ess  anner
                                                                   S ea  n  on the occas on  Mr  Asho   u ar  radhan
                                                                     M          n ted Ban  of  nd a ha  ed the  ove
                                                                   as a sav our for the MSM  un ts starved of  o  cost
                                                                   funds to co  ete   o a    and u sca e the se ves
                                                                    B    th  ts  an  nd a reach can act as a  erfect fo
                                                                   to the o erat ona  s  ftness and  no  ed e of the
                                                                   s ec a  sed  ar et of SR
                                                                   Mr  Sanja   u ar    ecut ve   rector   B   s o e of
                                                                   the  on stand n  re at onsh   of  oth or an  at on
          and e  ressed o t   s  for the MSM  sector   e added that  t       e  aunched at  ajor centres v     o  ata   e h
          Mu  a   Ah eda ad    dera ad and  u ahat   here  oth Ban   B   have  otent a  and the sa e       e e tended
          to other   aces
          Mr  Aj t  u ar  as     ecut ve   rector   B   ho ed that the s ner         e fru tfu  to  oth the  enders  n ter s of
           us ness and r s  shar n
           n th s occas on  Mr  Sun    anor a    ce  ha r an  SR    sa d that  nnovat ve so ut ons are the need of the hour for  B
          s ace  e further added that  r n  n  to ether the e  ert se of SR     th the stren ths of  n ted Ban  of  nd a      cater
          to the re u re ents of the fast  ro  n   nfrastructure s ace  n our countr  and fue  econo  c  ro th



             AN  N    NAN   |                                                              JANUARY | 2019 | 2
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