Union Bank, OBC revise deposit rates on FCNR accounts

October 01, 2012 16:44

Public sector lenders Union Bank of India and Oriental Bank of Commerce revised their deposit rates on FCNR accounts (foreign currency non-deposit accounts) with maturity of one-five years from today.

As per the revised rates announced by Union Bank, the deposit rates have been revised downwards by 4-12 basis points on 1-5 year maturity in dollar-denominated accounts.

Similarly, rates have also been revised for FCNR accounts in the euro, pound, Australian and Canadian dollars among others.

« Back to LIVE

TOP STORIES

LSG's Naveen admits defeat against Narine's brilliance

LSG fast bowler Naveen Ul Haq conceded that all their plans failed against the star West Indian allrounder.

Leave alone 400 seats, BJP won't get more than...: Rahul

hul Gandhi said that the ongoing Lok Sabha election is aimed at saving the country's Constitution.

Strong execution key for Tech Mahindra to achieve 3-year targets

The market could not make a clear assessment of Tech Mahindra with the stock swinging wildly in the last two sessions. The results on Thursday were expected to be weak but the stock dropped slightly. However, investors reviewed the...

Poonch terror attack: Rs 20 lakh bounty placed on 2 terrorists

Five IAF personnel were injured in the attack on Saturday evening near Shahsitar and one of them later succumbed to injuries at a military hospital.

Modi Plans Road Show In Bihar

Modi will stay in Patna overnight after the road show and address election meetings on May 13 in three Lok Sabha constituencies: Hajipur, Vaishali and Saran.