HomeAI · summaries
Storia in 4 fonti
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 Economic Times
FCNR interest rates: Banks are increasing interest rates on Foreign Currency Non-Resident (FCNR-B) deposits for NRIs, OCIs, and POIs. This follows the RBI's announcement to cover hedging costs for new 3 to 5-year deposits until September 2026. Axis Bank now offers up to 6% on these schemes for select tenures.
Confronto fonti
4 prospettive sulla stessa storiaTimeline cronologica
- ·
thehindubusinessline.com
Yes Bank hikes FX deposit rates to attract non-resident inflows
The private-sector lender will offer 7% on three-year FCNR(B) deposits, 7.05% on four-year deposits and 7.10% on five-year deposits, a spokesperson for the bank said
- ·
economictimes.indiatimes.com
Some lenders hike rates on FX deposits for non-resident Indians - The Economic Times
Indian banks have significantly increased interest rates on foreign currency deposits for Non-Resident Indians, with some hikes reaching 350 basis points. This move follows the…
- ·
Banks pay 7% on dollar deposits as India seeks fresh foreign currency
Indian banks are significantly increasing rates on foreign-currency deposits to attract overseas residents, testing the central bank's new measures to boost capital inflows and…
- ·
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…
- ·
newsbytesapp.com
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.
- ·
Latest FCNR interest rates: HDFC Bank, SBI, ICICI Bank, PNB, Central Bank of India and more - The Economic Times
Several Indian banks have updated their Foreign Currency Non-Resident Bank FCNR(B) interest rates. This comes after the government announced it would cover hedging costs for new 3…
- ·
Banks raise NRI deposit rates to draw dollar inflows - The Economic Times
Indian banks are offering higher interest rates on foreign currency deposits. This move aims to attract money from overseas residents. The Reserve Bank of India has introduced new…
- ·
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.
- ·
Smaller lenders offer over 7% on USD deposits in bid to attract FCNR(B) deposit rates
Smaller banks raise FCNR(B) deposit rates over 7% as RBI aims to boost US dollar inflows from NRIs.
- ·
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…
- ·
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…
FCNR interest rates: Banks are increasing interest rates on Foreign Currency Non-Resident (FCNR-B) deposits for NRIs, OCIs, and POIs. This follows the RBI's announcement to cover…
- ·
City Union Bank increases FCNR(B) deposit rates to 7.10%
The revised rate came into effect on June 10, 2026, and applies to NRI customers
- ·
cryptobriefing.com
Banks target Indian diaspora in $50B deposit drive to support the rupee
India's RBI reopens FCNR(B) deposit window to attract up to $60 billion from NRIs abroad, offering 5.5%-7% rates on dollar deposits to stabilize the rupee.