Higher FCNR and NRE FD interest rates: This bank revises NRE rates to 7.60% and FCNR rates to 7.40%; check details

AU Small Finance Bank (AU SFB) has increased interest rates on both Foreign Currency Non-Resident (Bank) -FCNR(B)- fixed deposits (FDs) and Non-Resident External (NRE) FDs, effective July 27, 2026.

In June 2026, the Reserve Bank of India (RBI) announced that the government would bear the hedging cost on 3-5-year FCNR deposits. As a result, many banks increased interest rates on the same FCNR(B) FDs.The relaxation on the hedging cost will remain in force until September 30, 2026.