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India 22nd August, 2003

Punjab National Bank hikes FCNR rates

Punjab National Bank has revised Foreign Currency Non Resident (FCNR) deposit rates. The new rates will be effective from August 22, 2003. The following are the interest rates applicable

  1-2 years 2-3 Years 3 years
US Dollar 1.15% 1.85% 2.30%
Pound 3.58% 3.91% 4.11%
Euro 2.03% 2.47% 2.83%

 

 

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