This bank revises NRE rates to 7.60%, FCNR to 7.40%
Synopsis AU Small Finance Bank has raised interest rates on FCNR(B) and NRE fixed deposits. These new rates are effective from July 27, 2026, for
Synopsis AU Small Finance Bank has raised interest rates on FCNR(B) and NRE fixed deposits. These new rates are effective from July 27, 2026, for specific tenures.
The government's decision to bear hedging costs on FCNR deposits influenced this change. AU SFB also offers zero forex margin and bank charges on remittances.
These benefits provide NRIs with a comprehensive banking solution for wealth growth.
The BriefWire