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HDFC Bank hikes FCNR deposit rates: How it affects you?
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.
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economictimes.indiatimes.com
Banks to be told to step up FCNR (B) deposits
Banks will now encourage more foreign currency deposits. The Reserve Bank of India will cover all hedging costs for these deposits. This move aims to attract significant foreign…
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HDFC Bank hikes lending rates by up to 10 bps across tenors
HDFC Bank has raised its lending rates. The Marginal Cost of funds-based Lending Rate or MCLR will increase by up to 10 basis points. This change is effective from June 8, 2026.…
