Our Financial Man

Is there any change in NRE deposit rates?

Yes RBI has deregulated interest on NRE deposits.
South Indian bank, Federal bank and SBT almost all banks are offering 9.5per cent interest on NRE deposits now as against 3 to 4 per cent interest a month back
After sb interest deregulation, this is a major step in deregulation of interest rates in India 

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