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THEHINDUBUSINESSLINE.COM · GLOBAL ·

Bandhan Bank increases FCNR(B) deposit rates to 7.1% after RBI forex swap move

As reported by thehindubusinessline.com
Private sector lender Bandhan Bank on Friday said it has increased interest rates on Foreign Currency Non-Resident (Bank) [FCNR(B)] deposits for non-resident In...
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Private sector lender Bandhan Bank has announced an increase in interest rates for its Foreign Currency Non-Resident (Bank) [FCNR(B)] deposits to 7.1%. This strategic decision follows the Reserve Bank of India's recent forex swap initiative. The enhanced rates are specifically…

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