The Economic Times

Highest FCNR (B) FD interest rates from PSU and Private banks HDFC ICICI Baroda Canara PNB Central UCO rates

FCNR (B) FD interest rates: The window for Non-Resident Indians to enjoy favorable FCNR(B) deposit rates is closing soon, specifically on August 31. With the government absorbing the hedging costs for these foreign currency deposits, this is an opportune moment for investors. Many banks are offering attractive interest rates, so it's prudent to assess these options quickly before they potentially decrease.