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NRIs looking to park your dollars? Ujjivan SFB offers 7.5%, DBS up to 5.6% on FCNR deposits
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 deposits, while DBS Bank India provides up to 5.6%, giving NRIs more attractive options to park their dollar savings.
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thehindu.com
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.
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economictimes.indiatimes.com
NRIs looking to park your dollars? Ujjivan SFB offers 7.5%, DBS up to 5.6% on FCNR deposits
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…