Public sector lender Indian Bank has revised upwards its interest rates for foreign currency NRI deposits with immediate effect.
The interest rate for Foreign Currency Non-Resident (Banking) deposits in dollar terms has been fixed at 1.88 per cent, from the existing 1.70 per cent, for deposits of one year and above but less than two years.
For deposits of two years and above but less than three years, the interest rate has been revised to 2.16 per cent from existing 2 per cent, the...
Indian Bank hikes interest rates for NRI deposits
The interest rate for Foreign Currency Non-Resident (Banking) deposits in dollar terms has been fixed at 1.88 per cent, from the existing 1.70 per cent, for deposits of one year and above but less than two years.
For deposits of two years and above but less than three years, the interest rate has been revised to 2.16 per cent from existing 2 per cent, the...
Indian Bank hikes interest rates for NRI deposits