BankingAug 3, 2026
HDFC Bank, ICICI Bank Increase Interest Rates on US Dollar Fixed Deposits
BullishBanking
HDFC Bank and ICICI Bank have raised the interest rates offered on their US dollar-denominated fixed deposits (FCNR). The move is aimed at attracting more foreign currency deposits from non-resident Indians. This adjustment reflects the changing interest rate environment in global markets.
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