Central Bank Of IndiaNSE: CENTRALBK

Revises Interest Rates On FCNR-B DEPOSITS w.e.f. 01.05.2017

· Issued by Central Bank Of India
Public Relations Deptt., 16th Floor, Chandermukhi, Nariman Point, Mumbai - 400 021. PRESS RELEASECentral Bank Of India Revises Interest Rates On FCNR-B DEPOSITS w.e.f. 01.05.2017

The Bank now offers interest of 2.97% for USD Deposit of 5 Years, 1.85% for GBP Deposit of 5 Years, 1.27% for EURO Deposit of 5 Years, 2.45% for CANADIAN DOLLAR Deposit of 5 Years & 3.51% for AUSTRALIAN DOLLAR Deposit of 5 Years.

These rates are revised based on the rates announced by FEDAI on 28/04/2017 & is valid till 31/05/2017.

******

Company analysis