The Hindu Business Line : UCO Bank raises FCNR(B) deposit rates

For deposits held in dollar, the rates have been increased to 1.3 per cent, 2.1 per cent and 2.7 per cent for the periods from one year to less than two years, from two years to less than three years and three years respectively.

For deposits in British pound ,the rates are 4.55 per cent, 4.6 per cent and 4.8 per cent respectively for the periods from one year to less than two years, from two years to less than three years and three years.

On deposit held in Euro will be 1.85 per cent, 2.25 per cent and 2.6 per cent for the respective periods, according to a UCO Bank press release.

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