Central Bank, Dena revise FCNR-B rates

Central Bank, Dena revise FCNR-B rates

FPJ BureauUpdated: Saturday, June 01, 2019, 11:01 AM IST
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Mumbai: Central Bank of India and Dena Bank have revised interest rates on FCNR-B Deposits. Central Bank now offers interest of 4.68% for USD Deposit of 5 Years, 5.18 % for GBP Deposit of 5 Years, 3.67 % for Euro Deposit of 5 Years, 4.99 % for Canadian Dollar deposit of 5 Years & 6.31 for Australian Dollar Deposit of 5 Years. Dena Bank has increased interest rates on FCNR deposits in five currencies–US dollar, pound sterling, Canadian dollar, Singaporean dollar,and Hong Kong dollar.

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