Citizens Bank International introduces 9.5% fixed deposit scheme for 180 days

Citizens Bank International has introduced a fixed deposit scheme with 9.5% p.a. interest for 180 days. Customers can avail the scheme from any branch of this bank. Issuing a press release, the bank said that it has also obtained approval for ASBA, which was introduced from Magh 1, 2073 and offered from all the branches of this bank. The investors applying for IPO and FPO will have their account blocked for the amount applied, which gets released only after allotment. The amount so released will be the amount after deduction of allotted shares. This service will facilitate the investors by avoiding long queues for form submission and collection of refund.