Union Bank India Increases Interest Rates on its FCNR (B) Deposits upto 6.60% P.A.

Union Bank India Increases Interest Rates on its FCNR (B) Deposits upto 6.60% P.A.

Banks are raising returns on FCNR(B) deposits after the RBI eased norms to attract foreign currency inflows. Ujjivan Small Finance Bank now offers 7.5% on 3–5-year USD FCNR…