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NRI deposit flow more than doubles in Q120-AUG-09
The robust growth in economy seems to be providing security for overseas Indians to park funds with banks.
South Indian Bank revises NRE, FCNR deposit rates03-AUG-09
The NRE term deposit interest rates for one year to less than two years had been fixed at 3.25 per cent from 3.36 per cent, two years to less than 3 years duration at 3.31 per cent, up from 3.28 per cent.
South Indian Bank hikes NRE, FCNR deposit rates03-JUL-09
According to an SIB release today,  interest on NRE deposits of one year to less than two years and two years to less than three years has been increased to 3.36 per cent from 3.35 per cent and 3.28 per cent from 3.13 per cent respectively.
Indian Bank hikes FCNR, NRE deposits rates01-JUL-09
Indian Bank has hiked interest rates on FCNR (B) and NRE deposits with effect from July 1, 2009.  For FCNR (B) deposits, in US Dollar the revised interest rate has been fixed at 2.61 per cent for deposits of one year and above but less than two years (2.60 per cent existing); at 2.53 per cent for deposits of two years and above but less than 3 years (2.38 per cent existing); at 3.12 per cent for deposits of three years and above but less than 4 years (2.99 per cent existing); at 3.57 per
UBI changes int rates on FCNR (B), NRE (Rupee) Term Deposits30-MAY-09
Union Bank of India has revised interest rates on both its FCNR (B) deposits as well as its NRE (Rupee) term deposits.
Allahabad Bank revises FCNR deposits rate30-MAY-09
Allahabad Bank has revised the interest rates on foreign currency non-resident (FCNR) deposits with effect from 1st  June, 2009. For deposits in US dollar, the revised rates are, 2.60 per cent (earlier 2.89 per cent) for one year to less than two years, 2.38  per cent (earlier 2.49 per cent) for two years to less than three years,  2.99 per cent (earlier 2.89 per cent) for three years to less than four years), 3.52 per cent (earlier 3.23 per cent) for four years to less than
PNB revises interest rates on non-resident deposits01-MAY-09
Punjab National Bank revised interest rates on Foreign Currency Non-Resident deposit schemes for dollar, British pound and euro, effective from today.
SBI revises NRE, FCNR deposits rates02-MAR-09
On FCNR (B) dollar-denominated deposits for one to less than two years period, the rate has been increased to 3.12 per cent from 2.98 per cent per annum, a release said.
BoR slashes FCNR, NRE deposit rates05-DEC-08
Bank of Rajasthan, a private sector lender, has slashed interest rates on foreign currency non-resident (FCNR) deposits and non-resident external (NRE) rupee deposits from December 1, 2008. Interest
IOB hikes NRE deposits, FCNR rates21-NOV-08
Chennai-based public sector bank Indian Overseas Bank (IOB)  has increased interest rate on Non-Resident (External) Rupee Deposits (NRE) to 4.92 per cent from 4.17 per cen for 1 year to less than
Canara Bank hikes FCNR, NRE rates19-NOV-08
Canara Bank has increased the interest rates on FCNR & NRE term deposits, with effect from November 16, 2008. The rates for NRE (rupee) deposits for a duration of one year to less than two years
Indian Bank revises rates on FCNR, NRE deposits19-NOV-08
Indian Bank has revised interest rates on FCNR (B) deposits in US Dollar, the revised interest rate has been fixed at 4.17 per cent for deposits of one year and above but less than two years (3.42 per
SIB hikes rates on NRE, FCNR deposits18-NOV-08
South Indian Bank (SIB) today raised the interest rates for foreign currency and rupee deposits by non-residents, which would come into effect from November 16. "The Indian diaspora has
Allahabad Bank raises FCNR, NRE rates, UCO to follow suit18-NOV-08
Soon after the Reserve Bank of India (RBI) revised the guidelines for FCNR and NRE deposits, Allahabad Bank today announced revised rates for rupee and foreign currency deposits by non-resident
Syndicate Bank revises NRE, FCNR(B) rates18-NOV-08
Syndicate Bank has revised the interest rates upwards on Non-Resident External (NRE) term deposits and FCNR(B) deposits, with effect from November 17. Interest rates on NRE term deposits for a
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