PNB, Ujjivan raise FCNR deposit rates - Business News, Finance News, Share Market News - Market trendz

Post Top Ad

Saturday, 13 June 2026

PNB, Ujjivan raise FCNR deposit rates


Punjab National Bank and Ujjivan Small Finance Bank have raised interest rates on FCNR(B) USD deposits for Non-Resident Indians. This move follows the RBI's announcement of a foreign currency swap window. Bank of Baroda has also introduced a new retail term deposit scheme for resident Indians. These initiatives aim to attract foreign capital and offer attractive returns to depositors.

Post Bottom Ad