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ICICI Bank revises NRE, FCNR rates

MUMBAI: ICICI Bank on Wednesday increased its rates on NRE and FCNR fixed deposits by 30 basis points for various maturities. The FCNR rates on deposits in U.S. dollar and Euro denominations have been increased up to 30 basis points for various maturities while the interest rates for FCNR deposits in pounds have been increased by up to 20 basis points, the bank said in a release here.

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