Indian Bank’s deposits of four years and above but less than five years, the interest rates have been revised to 2.75% from current 2.86%. Photo: MintChennai: Public sector Indian Bank has revised the interest rates on foreign currency non-resident banking deposits with immediate effect. Interest rates for deposits of three years and above but less than four years, have been revised to 2.67% from existing 2.75%. For deposits of four years and above but less than five years, the interest rates have been revised to 2.75% from current 2.86%. For deposits of up to five years, the interest rates have been fixed at 2.84% from existing 2.96%, the release added.

Source: Mint September 01, 2017 11:26 UTC