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ICICI Bank launches NRO FD Plus

CHENNAI: ICICI Bank has launched a new non-resident ordinary deposit feature, NRO Fixed Deposit Plus. ICICI Bank has made available the benefit of concessional rate of tax deducted at source under the double taxation avoidance agreement as a standard product feature to its NRI customers from countries such as the U.S., the U.K., Canada and Singapore, according to a release.

— Corporate Reporter

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