AXIS Bank has decided to introduce a new tier of 6% per annum interest for Savings bank customers maintaining balance of Rs. 10 crores and above.
Customers will continue to get 3.50% per annum for savings deposit balances of less than Rs. 50 lacs and 4% for savings deposit balances between Rs. 50 lacs and less than Rs. 10 crores.
The above rates will be effective March 19, 2018.
Shares of AXIS BANK LTD. was last trading in BSE at Rs.520.25 as compared to the previous close of Rs. 523.45. The total number of shares traded during the day was 237207 in over 2040 trades.
The stock hit an intraday high of Rs. 530 and intraday low of 517.2. The net turnover during the day was Rs. 123804069.