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Chennai, Oct. 5

Indian Bank has hiked interest rates on FCNR (B) and NRE deposits with effect from October 1. For FCNR (B) deposits, in US dollar the revised interest rate has been fixed at 3.71 per cent for deposits of one year and above but less than two years (2.96 per cent existing). For NRE term deposits, the revised interest rate has been fixed at 4.46 per cent for one year and above but less than two years (3.71 per cent existing).

— Our Bureau

More Stories on : Fixed Deposits | Interest Rates | NRIs | Public Sector Banks

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