PNB revises FCNR(B) rates up to 6.10%, targets $2.5bn mobilisation
Punjab National Bank announced revised FCNR(B) deposit rates up to 6.10% to attract foreign currency inflows. The bank aims to mobilise around USD 2.5 billion through the scheme, which offers competitive rates for NRIs for 3-5 year tenures. Punjab National Bank (PNB) has announced revised Foreign Currency Non-Resident (Bank) [FCNR(B)] deposit rates of up to … Read more