Highest FCNR (B) FD interest rates from PSU and Private banks HDFC ICICI Baroda Canara PNB Central UCO rates
First BankFirst Bank(US:FRBA) The Economic Times·2026-08-20 10:30

The RBI in June said that the government would bear the hedging cost on 3-5-year FCNR (B) deposits. After this relief, many banks increased interest rates on their 3-5-year FCNR (B) fixed deposits. The RBI swap window was available till September 30, 2026, but when FCNR (B) drew huge USD deposits, the government advanced the deadline to August 31.But there are still 12 days left until the deadline. Banks may not decrease FCNR (B) immediately on 3-5-year tenors even if the deadline passes. It means NRIs, OCI ...

First Bank-Highest FCNR (B) FD interest rates from PSU and Private banks HDFC ICICI Baroda Canara PNB Central UCO rates - Reportify