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PNB, Ujjivan raise FCNR deposit rates

Punjab National Bank and Ujjivan Small Finance Bank have raised interest rates on FCNR(B) USD deposits for Non-Resident Indians. This move follows the RBI's announcement of a foreign currency swap window. Bank of Baroda has also introduced a new retail term deposit scheme for resident Indians. These initiatives aim to attract foreign capital and offer attractive returns to depositors.

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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…

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Timeline cronologica

mercoledì 10 giugno 2026·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…
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…

PNB, Ujjivan raise FCNR deposit rates

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

Timeline cronologica

Some lenders hike rates on FX deposits for non-resident Indians - The Economic Times

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

FCNR (B) deposits: Banks’ may face a tricky situation

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

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

FCNR(B) window may save banks Rs 4,000 crore

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

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