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  • non-resident deposit rates, deregulation of interest rate, indian banks hike rates to lure nri deposits, Nre deposit rates

    Indian Banks Hike Rates to Lure NRI Deposits 2011-12-22 06:56:20

    Interest rates paid by Indian banks on NRE savings, term deposits and ordinary non-resident (NRO) savings accounts were deregulated by RBI. As stated by Central Bank, rates on non-resident deposits cannot go higher than the rates paid on term deposits...

    Keywords: non-resident bases, Non-resident (External) Rupee, Non-resident (External) Rupee, Reserve Bank of India

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    deposit rates, deposit rates, karnataka bank hikes nre deposit rates, Nre deposit rates

    Karnataka Bank hikes NRE deposit rates 2013-09-30 06:13:41

    Mangalore-based private sector lender Karnataka Bank on Tuesday said it has raised its NRI deposit interest rates by 50 basis points for three years to 10 years with maturity effective from September 2, 2013. "The revised interest rate for 3 years...

    Keywords: hikes NRE, Mangalore-based private sector, Mangalore-based private sector, Karnataka Bank hikes NRE deposit rates

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