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Latest Brandhub News | The HinduBusinessLine

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IDBI Bank Introduces FCNR(B) Special Opportunity Deposit ...
2026-06-19 · via Latest Brandhub News | The HinduBusinessLine
SENSEX   76,802.90

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NIFTY   24,013.10

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CRUDEOIL   7,224.00

+ 170.00

GOLD   147,308.00

 -2,001.00

SILVER   233,251.00

 -4,321.00

SENSEX   76,802.90

 -607.08

NIFTY   24,013.10

 -154.90

NIFTY   24,013.10

 -154.90

CRUDEOIL   7,224.00

+ 170.00

CRUDEOIL   7,224.00

+ 170.00

GOLD   147,308.00

 -2,001.00

Mumbai, Maharashtra, India – Business Wire India

Updated - June 19, 2026 at 06:01 PM.

IDBI Bank has introduced FCNR(B) Special Opportunity Deposit in USD, offering enhanced returns to Non-Resident Indian (NRI) customers seeking secure and attractive foreign currency investment opportunities.

The Special Rates will be for limited period effective June 11, 2026 till September 30, 2026.

Key Features

  • Principal and interest are fully repatriable.
  • Protection against exchange rate fluctuations, as deposits are maintained in USD only.
  • Interest earned is exempt from income tax in India, subject to prevailing regulations.
  • Minimum lock-in period of 1 year.

“This is a company press release that is not part of editorial content. No journalist of The Hindu was involved in the publication of this release.”

Published on June 19, 2026

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