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RBI sweetens FCNR deposits: NRIs can now earn up to 7% on dollar savings - The Economic Times
For the first time in years, the math is actually working for non-resident Indians to invest dollar savings in India.
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economictimes.indiatimes.com
South Indian Bank raises FCNR deposit rate to 6.5 pc after RBI swap window
South Indian Bank has boosted interest rates on US dollar deposits for Non-Resident Indians to 6.5% per annum for 3-5 year tenures. This move follows the RBI's new USD/INR forex…
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RBI sweetens FCNR deposits: NRIs can now earn up to 7% on dollar savings - The Economic Times
For the first time in years, the math is actually working for non-resident Indians to invest dollar savings in India.
