• PAGE ONE
• INDEX
• HOME

Catholic Syrian revises FCNR (B) rates

KOCHI: The Thrissur-based Catholic Syrian Bank has revised interest rates on FCNR (B) deposits with effect from July 1.

Dollar deposits of a maturity between one to three years will now command an interest rate of seven per cent, a fax from the bank has said. Bulk deposits of $25,000 and above will command additional interest of 0.15 per cent.

Deposits maintained in the British pound of a maturity between one to three years will command an interest rate of six per cent. Deposits in the euro and German mark of the same period of maturity will command four per cent, the fax added. -- Our Bureau