RBL Bank raises 3- to 5-year FCNR(B) deposit rates to 6.25-6.35% from Fri
This story was originally published at 11:38 IST on 13 June 2026
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--RBL Bank raises 3-5 year FCNR(B) deposit rates by up to 205 bps
--RBL Bank raises 3-5 year FCNR(B) deposit rates to 6.25-6.35%
MUMBAI – RBL Bank raised its interest rates on foreign currency non-resident dollar-denominated bank deposits for tenures ranging from three to five years by up to 205 basis points to 6.25-6.35% effective Friday, according to an update on the bank's website. The bank reduced interest rates for tenures ranging from one to less than three-year deposits.
The Reserve Bank of India's dollar-rupee swap facility for fresh deposits is applicable on a minimum tenure of three years and maximum tenure of five years. The central bank has allowed banks to price these deposits as per their internal policy, but within the overall regulatory ceiling.
The lender's net profit for the March quarter was INR 2.30 billion, up over 234% on year and more than 7% on quarter. Friday, shares of the bank closed 1.9% higher at INR 365.85 apiece on the National Stock Exchange.
RBL Bank's FCNR(B) deposit rates for dollars for various tenures are as follows:
| Tenure | Previous Rate (%) | Revised Rate (%) |
| One- up to two year | 4.85 | 4.00 |
| Two- up to three year | 4.25 | 3.75 |
| Three- up to four year | 4.25 | 6.25 |
| Four- up to five year | 4.25 | 6.30 |
| Five year | 4.55 | 6.35 |
End
IST, or Indian Standard Time, is five-and-a-half hours ahead of GMT
Reported by Janwee Prajapati
Edited by Akul Nishant Akhoury
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