Syndicate Bank raises FCNR (B) deposit rates by 1%
Revised interest for three years is 4.78%, four years is 5.17% and five years is 5.56%
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State-owned Syndicate Bank today said it has made upward revision of the rate of interest on Foreign Currency and Non Resident (Banks) FCNR (B) for US Dollar deposits of 3 to 5 years by 1%, effective from August 22.
The rate of interest on FCNR (B) deposits in US Dollar of three years to five years has been increased by 1%, the bank in a statement said.
The revised interest for three years is 4.78%, four years is 5.17% and five years is 5.56%, it added.
The rate of interest on FCNR (B) deposits in US Dollar of three years to five years has been increased by 1%, the bank in a statement said.
The revised interest for three years is 4.78%, four years is 5.17% and five years is 5.56%, it added.
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First Published: Aug 21 2013 | 6:41 PM IST