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Banks kick-off rate hikes on FCNR (B) deposits

Banks raise FCNR (B) deposit rates to 6-7%, enhancing returns for depositors amid RBI's strategies to attract dollar inflows.

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thehindubusinessline.comStai leggendo3 mesi fa

Banks kick-off rate hikes on FCNR (B) deposits

Banks raise FCNR (B) deposit rates to 6-7%, enhancing returns for depositors amid RBI's strategies to attract dollar inflows.

originale

economictimes.indiatimes.com3 mesi fa

RBI move sparks race among banks to raise FCNR(B) deposit rates; smaller lenders offer over 7% on USD deposits

Banks are aggressively increasing interest rates on NRI dollar deposits. This move follows a special RBI dispensation to boost foreign currency inflows. Several lenders are now offering over 7 percent on US dollar…

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domenica 7 giugno 2026·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…
mercoledì 10 giugno 2026·economictimes.indiatimes.com
FCNR deposit in demand: $1,277 extra interest on $10,000 investment by NRIs after RBI's latest move? - The Economic Times

FCNR interest rates: The Indian government will now cover hedging costs for fresh 3 to 5-year FCNR(B) deposits until September 30, 2026. This move allows banks to offer higher…

Banks kick-off rate hikes on FCNR (B) deposits

Confronto fonti

Banks kick-off rate hikes on FCNR (B) deposits

RBI move sparks race among banks to raise FCNR(B) deposit rates; smaller lenders offer over 7% on USD deposits

Timeline cronologica

Banks to be told to step up FCNR (B) deposits

FCNR deposit in demand: $1,277 extra interest on $10,000 investment by NRIs after RBI's latest move? - The Economic Times

HDFC Bank hikes FCNR deposit rates: How it affects you?

HDFC Bank hikes FCNR deposit rates: How it affects you?

Latest FCNR interest rates: HDFC Bank, SBI, ICICI Bank, PNB, Central Bank of India and more - The Economic Times

Banks raise NRI deposit rates to draw dollar inflows - The Economic Times

Banks kick-off rate hikes on FCNR (B) deposits

Banks hike FCNR(B) deposit rates to attract NRI funds after RBI forex swap move

Smaller lenders offer over 7% on USD deposits in bid to attract FCNR(B) deposit rates

RBI move sparks race among banks to raise FCNR(B) deposit rates; smaller lenders offer over 7% on USD deposits

FCNR interest rates up to 7.13%: NRIs, OCIs, POIs can earn higher returns as PNB, ICICI Bank, Axis Bank and others revise rates - The…

City Union Bank increases FCNR(B) deposit rates to 7.10%

PNB, Ujjivan raise FCNR deposit rates