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Interest Rate on FCNR (B) Deposits- UCBs (ADs)

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Full Text of the Document

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.... Please refer to UBD BPD. AD Cir No.2 /13.01.000/2006-07 dated April 26, 2007 on the captioned subject. 2. On a review, it has been decided that until further notice and with effect from close of business in India as on September 16, 2008, the interest rates on FCNR (B) Deposits will be as under: 3. In respect of FCNR (B) deposits of all maturities contracted effective from the close of bus....

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