Central Bank Of IndiaNSE: CENTRALBK

Revises Interest Rates On FCNR-B DEPOSITS w.e.f. 01.03.2017

· Issued by Central Bank Of India
Public Relations Deptt., 16thFloor, Chandermukhi, Nariman Point, Mumbai - 400 021.

CO:PRO:2017:03:PRESS: 49 2nd March, 2017

PRESS RELEASE

Central Bank Of India Revises Interest Rates On FCNR-B DEPOSITS w.e.f. 01.03.2017

The Bank now offers interest of 3.05 % for USD Deposit of 5 Years, 1.84 % for GBP Deposit of 5 Years, 1.14 % for EURO Deposit of 5 Years, 2.49 % for CANADIAN DOLLAR Deposit of 5 Years & 3.62 % for AUSTRALIAN DOLLAR Deposit of 5 Years.

These rates are revised based on the rates announced by FEDAI on 28/02/2017 & is valid till 31/03/2017.

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