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Andhra Bank revises NRE deposit rates

HYDERABAD: Andhra Bank has revised the rates of interest on term deposits of non-resident (external) rupee accounts (NRE accounts) from June 1, according to a release. The revised rates are: 5.39 per cent for deposits between one and two years (earlier 5.30 per cent); 5.32 per cent for between two and three years and 5.30 per cent for three years. The revised rates are applicable to fresh and renewal of deposits.

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