The private-sector lender will offer 7% on three-year FCNR(B) deposits, 7.05% on four-year deposits and 7.10% on five-year deposits, a spokesperson for the bank said
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Bank of India increases fixed deposit rates, offering higher returns for seniors and competitive rates for all tenures.
Banks raised a record $127.226 billion in FCNR(B) deposits, driven by attractive rates and incentives during a recent 85-day…
Bank of India plans to raise up to $1 billion through a Medium-Term Note Programme for FCNR-B deposits.
IFSC Banking Units disbursed $52 billion against FCNR(B) deposits, enhancing loan leverage options for overseas investors.
Indian banks are significantly increasing rates on foreign-currency deposits to attract overseas residents, testing the central…
IDBI Bank Introduces FCNR(B) Special Opportunity Deposit in USD with Attractive Returns for NRIs on Foreign Currency Deposits
