Dena Bank has increased rate of interest on FCNR (B)/RFC term deposit with effective from Apr. 1, 2014.
 
For FCNR (B) deposits of 3 years to less than 4 years, in US Dollar terms, the revised interest rates are 4.05% as compared to 3.82% previous rates for March 1-31, 2014. 

For FCNR (B) deposits of 4 years to less than 5 years, in US Dollar terms, the revised interest rates are 4.48% as compared to 4.23% previous rates for March1-31, 2014.

For FCNR (B) deposits of 5 years only, in US Dollar terms, the revised interest rates are 4.85% as compared to 4.62% previous rates for March1-31, 2014. 

For FCNR (B) deposits of 2 years to less than 3 years, in US Dollar terms, the revised interest rates are 2.59% as compared to 2.47% previous rates for March 1-31, 2014.

For FCNR (B) deposits of 1 year to less than 2 years, in US Dollar terms, the revised interest rates are 2.56% as compared to 2.55% previous rates for March 1-31, 2014.

Shares of the bank gained Rs 2.10, or 3.54%, to settle at Rs 61.50 at the BSE (Wednesday).