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Bank of Baroda launches new FCNR (B) Deposit Scheme for NRIs

Bank of Baroda has launched a new Foreign Currency Non-Resident (FCNR (B)) Deposit Scheme offering higher interest rates for Non-Resident Indians (NRIs), in line with the recent measures announced by the Reserve Bank of India to encourage foreign currency inflows into the country.

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Bank of Baroda launches new FCNR (B) Deposit Scheme for NRIs

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lunedì 8 giugno 2026·economictimes.indiatimes.com
Deposits under RBI's latest foreign currency non-resident bank scheme will carry one-year lock-in
The Reserve Bank of India's new FCNR-B scheme offers a one-year lock-in for deposits and mandates non-cancellable swaps for banks. This initiative, featuring an attractive at-par…
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…

Bank of Baroda launches new FCNR (B) Deposit Scheme for NRIs

Confronto fonti

Bank of Baroda launches new FCNR (B) Deposit Scheme for NRIs

Timeline cronologica

Deposits under RBI's latest foreign currency non-resident bank scheme will carry one-year lock-in

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

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

Banks target Indian diaspora in $50B deposit drive to support the rupee

Bringing in US dollars: RBI flags off FCNR(B) chase, pushes banks to go all out for forex inflows

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

Bank of Baroda launches new FCNR (B) Deposit Scheme for NRIs

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%

Banks target Indian diaspora in $50B deposit drive to support the rupee

PNB, Ujjivan raise FCNR deposit rates

Bringing in US dollars: RBI flags off FCNR(B) chase, pushes banks to go all out for forex inflows