Banking News

Read the full story

Source: Economic Times

Economic Times
Source
Banking Sector
Category
4 min
Read time
17 Jul
Published
Banking Sector
4 min read· Economic Times

IDBI Bank ups FCNR ante with 16% on offer

The scheme allows customers to borrow up to 12 times their deposit amount and offers indicative effective annual returns of up to 16.2%, depending on the investment size and tenure, according to offer documents accessed by ET. Under the FCNR(B) Special Opportunity Deposit with Structured Loan Facility, the bank is offe…

The scheme allows customers to borrow up to 12 times their deposit amount and offers indicative effective annual returns of up to 16.2%, depending on the investment size and tenure, according to offer documents accessed by ET. Under the FCNR(B) Special Opportunity Deposit with Structured Loan Facility, the bank is offe

Source: Economic Times