Following related measures taken by the Reserve Bank of India, Yes Bank has raised the interest rates on non-resident foreign currency deposits.

date
10/06/2026
Yes Bank spokesperson stated through a text message that the bank will raise the interest rates for foreign currency non-resident deposits for a period of 3 to 5 years by 300 to 335 basis points. Following the Reserve Bank of India's announcement that it will fully bear hedging costs for banks until September 2026, Yes Bank became one of the first banks to raise their deposit rates.