June 25, 2025
Random News

Wander City

Tag: nri

Cheer for NRIs! Earn higher interest rates on FCNR(B) deposits till March 31, 2025 – here’s how – Times of India

Cheer for NRIs! Earn higher interest rates on FCNR(B) deposits till March 31, 2025 – here’s how – Times of India

alishpagda08@gmail.com03 mins

In order to attract more capital inflows, it has been decided to increase the interest rate ceilings on FCNR(B) deposits. (AI image) Cheer for NRIs! The RBI has enhanced the interest rate ceiling for FCNR(B) deposits to overnight Alternative Reference Rate (ARR) plus 400 basis points for deposits with maturities between 1 year and less…

Read More