Canara Bank revises upward FCNR (B) deposit rates

Bangalore, Aug 2 (UNI) Canara Bank has revised the rate of interest on FCNR (B) deposits, including British Pound Sterling, US Dollar and Euros with effect from August one on varying maturities.

The new rates for deposits from one year to five years were : (The rate of interest for the FCNR (B) Deposits for the month of July 2006 (01.07.2006 till 31.07.2006) is shown in brackets) One year to less than two years USD 5.54 (5.69), GBP 5.04 (5.01), Euro 3.55 (3.52), Canadian Dollar 4.44 (4.65) Aus Dollar 6.42 (6.20) Two years to less than three years USD 5.44 (5.69), GBP 5.08 (5.13), Euro 3.76 (3.82), Canadian Dollar 4.46 (4.73) and Aus Dollar 6.37 (6.21) Three years to less than four years USD 5.42 (5.68), GBP 5.11 (5.19), Euro 3.84 (3.94), Canadian Dollar 4.51 (4.79) and Aus Dollar 6.39 (6.28).

Four years to less than five years USD 5.43 (5.70), GBP 5.12 (5.21), Euro 3.90 (4.03) Five years only USD 5.46 (5.72), GBP 5.11 (5.21) and Euro 3.96 (4.09).

UNI VK RG CS KP1449