Karur Vysya Bank raises FCNR(B) US Dollar deposit rates to 7% for 3-5 years, boosting foreign currency inflows.

Karur Vysya Bank raises FCNR(B) US Dollar deposit rates to 7% for 3-5 years, boosting foreign currency inflows.

HDFC Bank has raised interest rates on Foreign Currency Non-Resident (FCNR) deposits to 6% for tenures of three to five years, effective June 10, 2026.