HDFC Bank starts two-day NRE deposit drive to attract dollar inflows - Economic Times


7/26/2022 12:00:00 AM3 years 7 months ago
by Saikat Das

The move coincides with the US Federal Reserve's scheduled decision on policy rates that are expected to rise up to three-fourth of a percentage point.

HDFC Bank, India's biggest lender by market capitalisation, will open a dedicated two-day window to mobilise NRE deposits offering up to 50 basis points more in interest than existing rates in the ca… [+2737 chars]

full article...