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Industry & Economy - NRIs


SBT hikes NRE, FCNR rates

Our Bureau

Thiruvananthapuram, May 4

State Bank of Travancore has raised the interest rates on NRE and FCNR term deposits from May 1.

The new rate for NRE term deposits for periods from one year to less than two years is 6.33 per cent, two years to less than three years 6.34 per cent and three years and up to five years 6.35 per cent.

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