Foreign Currency deposit rates revised by Canara Bank
By Neelima Shankar
Mar 2, 2012
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Public sector lender, Canara Bank has revised Foreign Currency Non-Resident (Bank) Deposit rates. The revision has been brought for various currencies including US dollar, British Pound, Euro, Canadian dollars and Australian dollars, across various maturity periods.

For US Dollar, the bank is now offering deposit rates of 2.31% for a maturity period of 1 year and above, on the maturity period of 5 years the bank offers interest rate of 2.34%.

The deposit rates have been increased for the other currencies as well.

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