Central Bank Of IndiaNSE: CENTRALBK

Revises Interest Rates On FCNR-B DEPOSITS w.e.f. 01.01.2017

· Issued by Central Bank Of India
CO:PRO:2005:08:

Public Relations Deptt., 16th Floor, Chandermukhi,

Nariman Point, Mumbai - 400 021.

CO:PRO:2016/12/PRESS:36 31st December, 2016

The Commerce/Banking Editor,

_________________________, MUMBAI.

Dear Sir/Madam,

We shall thank you to kindly publish the Press Release in your esteemed newspaper.

With kind regards,

Yours sincerely,

S.H. Ayubi

ASSTT GEN MANAGER -PRO

CENTRAL BANK OF INDIA, MUMBAI.

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PRESS RELEASE

Central Bank Of India Revises Interest Rates On FCNR-B DEPOSITS w.e.f. 01.01.2017

The Bank now offers interest of 3.03 % for USD Deposit of 5 Years, 1.93 % for GBP Deposit of 5 Years, 1.13 % for EURO Deposit of 5 Years, 2.54 % for CANADIAN DOLLAR Deposit of 5 Years & 3.70 % for AUSTRALIAN DOLLAR Deposit of 5 Years.

These rates are revised based on the rates announced by FEDAI on 30/12/2016 & is valid till 31/01/2017.

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