Top FCNR(B) deposit rates: Banks raise returns on USD, GBP, EUR, CAD and AUD FDs - NetDania News
  • Top FCNR(B) deposit rates: Banks raise returns on USD, GBP, EUR, CAD and AUD FDs

    Source: Buzz FX / 17 Jul 2026 21:16:18   America/New_York


    Foreign Currency Non-Resident (Bank), or FCNR(B), deposits are attracting fresh attention after the government announced it would bear the hedging cost on FCNR(B) deposits until September 30, 2026. The move has prompted several banks to rev
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