AU Small Finance Bank has raised interest rates on FCNR(B) and NRE fixed deposits. These new rates are effective from July 27, 2026, for specific tenures. The government's decision to bear hedging costs on FCNR deposits influenced this change. AU SFB also offers zero forex margin and bank charges on remittances. These benefits provide NRIs with a comprehensive banking solution for wealth growth.

AU Small Finance Bank has increased its non-resident deposit rates by up to sixty basis points. The bank raised its peak interest rate on FCNR-B deposits to seven point four…

Small and mid-sized Indian banks are ramping up FCNR(B) deposit rates to attract non-resident Indians after interest rate deregulation, offering returns above 7.4–7.5% without…