Indian Bank’s similar move

[sajiv]

CHENNAI: Indian Bank has raised the FCNR (B) deposit rates for different periods with effect from November 17. The interest for deposits of one year and above but less than two years has been raised to 4.17 per cent from 3.42 per cent, for deposits of two years and above but less than three years to 3.66 per cent (2.91 per cent) and for three years and above but less than four years to 4.14 per cent (3.39 per cent). It has also revised NRE rates.