The Reserve Bank of India has temporarily removed the interest rate ceiling on fresh three- and five-year FCNR-B deposits, effective until September 30, 2026.
The move is part of a review of its deposit interest rate directives from 2025
Jun 17, 2026
07:44 pm
What's the storyThe Reserve Bank of India (RBI) has removed the interest rate ceiling on new three- and five-year Foreign Currency Non-Resident Bank (FCNR-B) deposits.
The move is part of a review of its deposit interest rate directives from 2025.
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