The RBI's new rules have revived interest in FCNR (B) Deposits among NRIs, offering higher rates than US accounts.

For non-resident Indians, foreign currency non-resident bank fixed deposits remain a favored investment choice. With an uptick in interest rates for tenures ranging from three to…

The RBI's new rules have revived interest in FCNR (B) Deposits among NRIs, offering higher rates than US accounts.