OREANDA-NEWS. November 2, 2011. FCNR (B) deposit rates have been revised on all maturities from one to five years for US Dollars, British pound, Euro, Australian Dollar ,Canadian Dollar and Japanese Yen.

USD FCNR(B) Deposit rate for 1 to 2 years has increased from 1.86% to 1.94% ,GBP deposit rate has increased from 2.72% to 2.76%, EUR deposit rate has decreased from 3.04% to 3.08% , AUD deposit rate has decreased from 6.04% to 6.02%, CAD deposit rate has increased from 2.67% to 2.71% and JPY deposit rate has remained at the same level.

NRE Term Deposit rates have been revised on all maturities from one year to three years. NRE Term Deposit rate for 1 to 2 years have increased from 2.61% to 2.69%.