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Indian Banks Hike Rates to Lure NRI Deposits 2011-12-22 06:56:20
Interest rates paid by Indian banks on NRE savings, term deposits and ordinary non-resident (NRO) savings accounts were deregulated by RBI. As stated by Central Bank, rates on non-resident deposits cannot go higher than the rates paid on term deposits...
Keywords: Reserve Bank of India, deregulation of interest rate, Reserve Bank of India, State Bank of India
Read MoreSouth Indian Bank launches mobile banking app for NRIs! 2016-12-30 11:10:02
A full-fledged NRI-focused mobile banking app named ' SIB Mirror+ across major mobile platforms' has been launched by the South Indian Bank. The new application was introduced after the path-breaking 'E-Lock' feature which provided a single tap solution to fully...
Keywords: South Indian Bank, South Indian Bank, NRI-focused mobile banking app, SIB Mirror+ across major mobile platforms
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