State-run, Dena Bank today revised interest rates on foreign currency non-resident (bank) account deposits and non-resident external term deposits with immediate effect.
FCNR(B) deposits in US Dollar having a maturity of 1-2 years will now carry a rate of 2.6 per cent as against 2.89 per cent earlier, a press release said here.
Deposits having 2-3 years, 3-4 years and 4-5 years tenures will carry rates 2.38 per cent (2.49), 2.99 per cent(2.89) and 3.52 per cent (3.23), the release said.
The revised rates for deposits in Pound in 1-2 years, 2-3 years and 3-4 years maturities are 2.76 per cent(2.92), 2.93 per cent(3.12) and 3.55 per cent(3.59).
Similarly, Euro deposits, in the above maturities will now attract rates of 2.64 per cent(2.73), 2.76 per cent (2.83) and 3.19 per cent (3.20).
Revised rates for NRE deposits in 1-2, 2-3 and 3 years maturities are 3.35 per cent (3.64), 3.13 per cent(3.24) and 3.74 per cent (3.64).
