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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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