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.
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
Banks raise FCNR (B) deposit rates to 6-7%, enhancing returns for depositors amid RBI's strategies to attract dollar inflows.
Equitas Small Finance Bank Limited, has hiked its FCNR (B) deposit rates.
Smaller banks raise FCNR(B) deposit rates over 7% as RBI aims to boost US dollar inflows from NRIs.
