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ICICI Bank revises NRI deposit rates
17 November 2008


Mumbai: ICICI Bank Ltd, India’s second largest Bank, today announced that it has revised the interest rates on its NRE Fixed Deposits and FCNR(B) Deposits with effect from November 18, 2008.

The one year NRE deposit rate has been increased by 75 bps to 4.92 % p.a. For FCNR(B) deposits denominated in USD, the interest rate for one year has been increased by 75 bps to 4.17 % p.a. where as for FCNR(B) deposit denominated in GBP, the rate has been increased to 7.01 % p.a.

Source : Sify News
  

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