FCNR

AcronymDefinition
FCNRForeign Currency Non-Resident (banking)
FCNRFinnish Council for Natural Resources (est. 1977)
FCNRFunctional Contrast-to-Noise Ratio
References in periodicals archive ?
Interest earned on NRE and FCNR fixed deposits is not taxed while that on NRO accounts is taxed at source at the rate of 30%.
For FCNR (B) deposits of one year to less than two years, in US Dollar terms, the revised interest rates are 2.
Yes Bank has closed the financial year 2013-14 with US$ 500 million raised in longer term FCY loan and FCNR funds, by making use of the liberalised regulations of the RBI to raise the FCY borrowings limit from 50% to 100% of Tier I capital and the concessional FCNR (B) deposit swap window.
The State Bank of Bikaner and Jaipur (SBBJ) has revised its FCNR (B) rates for fresh deposits and renewals, the Economic Times has reported.
MUMBAI - The Reserve Bank of India has decided to permit authorised dealers [ADs] to grant foreign currency loans in India against the security of funds held in FCNR (B) deposit accounts to the account holders only, and subject to the certain conditions.
is a publicly traded company on the Over the Counter Bulletin Board under the trading symbol FCNR, and is regulated by the Securities and Exchange Commission.
For FCNR (B) deposits, in USD, the revised interest rate has been revised to 2.
US dollar FCNR bank deposit rate for one to two years has decreased to 2.
is a publicly-traded company on the Over the Counter Bulletin Board under the trading symbol FCNR, and is regulated by the Securities and Exchange Commission.
The RBI again hiked the cap on FCNR interest rates, raising it to 200 bps above the Libor for 1--3-year deposits and 300 bps for deposits in the 3--5-year bucket.
Global Banking News-July 4, 2014--Indian Bank revises interest rates on FCNR (B) deposits
An NRI holding FCNR account can maintain a fixed deposit account in foreign currency and earn regular interest on the same.