Indian Bank revises FCNR(B) deposit interest

Indian Bank said it has revised the foreign currency non-resident banking term deposits with immediate effect. For FCNR(B) deposits, in U.S. Dollar terms, the revised interest rates for deposits of one year and above, but less than two years has been fixed at Rs. 3.78%, the bank said in a statement. For deposits of two years and above, but less than three years, interest rates have been revised at 3.98%.pti

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