scorecardresearchHDFC Bank starts drive to draw dollar inflows from NRIs: Report

HDFC Bank starts drive to draw dollar inflows from NRIs: Report

Updated: 27 Jul 2022, 09:48 AM IST
TL;DR.
The largest lender offers up to 50 bps more in interest than existing rates after RBI lifted rate cap
HDFC Bank expects overseas Indians to utilise the special window and buy NRE deposits for 12 to 15 months. 

HDFC Bank expects overseas Indians to utilise the special window and buy NRE deposits for 12 to 15 months.