Bangalore, Aug 08: Corporation Bank has revised interest rates on Foreign Currency Non-Resident (B) (FCNR(B)) deposits with effect from Friday. With the revision, the interest rate for $ will be 1.15 per cent for the period of one year to less than two years (old rate 0.95 per cent), 1.95 per cent for the period for two years to less than three years (1.45) and for three years the rate will be 2.70 (2.10).

For GBP, for a period of one year to less than two years, the rate will be 3.55 per cent (3.25), for two years to less than three years, the rate will be 3.95 per cent (3.50) and for three years, the rate will be 4.15 per cent (3.75).
In the case of Euro, for one year to less than two years, the rate will be 2.10 per cent (1.90), for two years to less than three years, the rate will be 2.55 per cent (2.20) and for three years, the rate will be 2.80 per cent (2.55). Bureau Report