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Vijaya Bank revises FCNR (B) deposit rates

BANGALORE: Vijaya Bank has effected upward revision in interest on FCNR (B) deposits with effect from June 1. The rate of interest (in per cent per annum) is: 4.94 (pound sterling), 5.43 (U.S. dollar) and 3.32 (Euro) for deposits of one year and above but below two years; 5.03, 5.43 and 3.61 respectively for between two years and three years; 5.08, 5.45 and 3.73 respectively for between three and four years; 5.11, 5.47 and 3.81 respectively for between four and five years; and 5.10, 5.51 and 3.88 respectively for above five years.

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