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New Delhi, Nov. 2

Oriental Bank of Commerce (OBC) has announced changes in interest rates on foreign currency non resident (FCNR) deposits on all maturities from one to five years for US dollars, British pounds, euro, Australian dollar and Canadian dollar deposits. A release issued by the bank said interest rates on US dollar denominated deposits for 1 to 2 years have decreased to 3.89 per cent as against 4.15 per cent earlier, GBP deposits to 5.4 per cent from 5.44 per cent and Euro deposi ts to 3.86 per cent from 3.98 per centrespectively.

— Our Bureau

More Stories on : Interest Rates | NRIs | Oriental Bank of Commerce | Public Sector Banks

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