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Dena Bank raises NRI deposits rates by 1%

Last Updated: Monday, August 19, 2013, 21:57

Dena Bank Monday raised interest rates on NRI deposits of over three years by 1 percent, days after the Reserve Bank deregulated interest rates on such deposits.

RBI deregulates rates on NRI deposit, exempts it from CRR, SLR

Last Updated: Wednesday, August 14, 2013, 21:49

In a bid to attract foreign currency, the Reserve Bank Wednesday deregulated interest rates on NRI fixed deposit schemes and exempted such term deposits from CRR and SLR requirement.

NRI deposits in Kerala stands at Rs.62,708 crore

Last Updated: Tuesday, March 26, 2013, 12:42

The bank deposits by non-resident Indians (NRI) in Kerala stood at Rs.62,708 crore till December 2012, bankers said Tuesday.

NRI deposits nearly double to $11.24 bn in Apr-Nov period

Last Updated: Sunday, January 13, 2013, 19:05

However, the non-resident (ordinary) rupee accounts and foreign currency non-resident accounts saw an outflow this year as against an inflow last year, according to the central bank data.

RBI, govt taking steps to contain falling rupee value: Fin Min

Last Updated: Friday, June 22, 2012, 16:26

Worried over declining value of rupee, the Finance Ministry on Friday said the Reserve Bank and the government are taking steps to arrest fall of the Indian currency which touched a historic low of 57.30 to a dollar.

RBI raises interest rates to attract foreign currency deposits

Last Updated: Friday, May 04, 2012, 20:43

To attract inflows in view of falling rupee, the Reserve Bank on Friday raised the interest rate ceiling on NRI deposits in foreign currencies by up to 3 percent.

More banks re-price NRE deposit rates

Last Updated: Sunday, December 25, 2011, 13:14

The RBI move gave banks the freedom to fix rates on non-resident external rupee deposits and ordinary non-resident accounts with immediate effect.

Yes Bank hikes NRI deposit rates to 9.6%

Last Updated: Friday, December 23, 2011, 14:18

The new rate is being offered on term deposits of 15 months 15 days to 16 months.