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Major Banks hiked NRE Fixed Deposit Interest after deregulation

After the deregulation of Interest rates on Non-Resident (External) Rupee (NRE) Term Deposits by Reserve Bank of India on 16-12-2011 almost all banks have hiked their interest rates on Non-Resident (External) Rupee (NRE) Term Deposits in December 2011/ January 2012. A comparison of NRE Fixed deposit Interest rates of 39 banks as on 04-01-2012 is available at the following link.

Comparison of NRE Fixed Deposit Interest Rates of Banks

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