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Small, medium banks offer higher rates to attract NRI deposits - The Economic Times

Small and mid-sized Indian banks are ramping up FCNR(B) deposit rates to attract non-resident Indians after interest rate deregulation, offering returns above 7.4–7.5% without leverage benefits. In contrast, larger banks are focusing on structured offerings with high leverage (9–19x) but keeping base rates below 7%, leveraging their global partnerships and strong NRI relationships.

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Latest FCNR interest rates: HDFC Bank, SBI, ICICI Bank, PNB, Central Bank of India and more - The Economic Times

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SBI revises FCNR(B) interest rates up to 5.75%: NRIs, OCIs & POIs can earn more on these deposits - The Economic Times

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Some lenders hike rates on FX deposits for non-resident Indians - The Economic Times

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RBI sweetens FCNR deposits: NRIs can now earn up to 7% on dollar savings - The Economic Times

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