Citigroup Inc. has partnered with Axis Bank to provide financing support to Non-Resident Indians (NRIs) investing in Foreign Currency Non-Resident (FCNR) deposits.
Axis Bank offers FCNR deposit interest rates of up to 6.40%.
Citigroup Inc. has partnered with Axis Bank to provide financing support to Non-Resident Indians (NRIs) investing in Foreign Currency Non-Resident (FCNR) deposits.
Axis Bank offers FCNR deposit interest rates of up to 6.40%.
Policybazaar has launched US dollar-denominated term insurance plans for Non-Resident Indians (NRIs). These products are offered in collaboration with partner insurers and operate out of the International Financial Services Centre (IFSC) in GIFT City, Gujarat.
Federal Bank Ltd has launched the 'FCNR Max Deposit Scheme', a Foreign Currency Non-Resident (Bank) [FCNR(B)] deposit product for Non-Resident Indians (NRIs).
The scheme offers an annual interest rate of 6.25% on USD deposits with tenures ranging from 3 to 5 years and is valid until September 2026.