ICICI
increases NRE fixed deposits 6.70%
New Delhi, July 01, 2006
Asha Chhabra
- ICICI bank had revised its interest rates on NRE
fixed deposits and FCNR deposits, effective July 1.
- The interest rates on one year NRE fixed deposits
have been increased from 6.43 per cent to 6.70 per
cent per annum and interest rates on one year FCNR
deposits denominated in US dollars have been increased
to 5.69 per cent.
- The interest rate for deposits in 36-120 months
category would also be 6.70 per cent from the existing
6.45 per cent
.
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