VERIFIEDMint Money·19 Jun 2026neutral

Bandhan Bank hikes FCNR deposit rates up to 7.1% for maturities of 3-5 years after RBI swap move

AI Summary

·Bandhan Bank has increased its FCNR deposit rates.
·Rates have been hiked up to 7.1% for maturities between 3 and 5 years.
·This action follows a recent RBI decision regarding a USD-INR foreign exchange swap facility.