NRI investors looking for high returns on their foreign income have a lucrative option in the form of NRE Fixed Deposits. These deposits allow repatriation of overseas income, offer the opportunity to borrow up to 90% of the deposit at competitive interest rates, and provide a chance to earn substantial tax-free income.
source https://timesofindia.indiatimes.com/nri/us-canada-news/nre-fixed-deposit-interest-rates-guide-2023-sbi-vs-hdfc-bank-vs-icici-bank-vs-pnb-vs-bank-of-india/articleshow/104951084.cms
source https://timesofindia.indiatimes.com/nri/us-canada-news/nre-fixed-deposit-interest-rates-guide-2023-sbi-vs-hdfc-bank-vs-icici-bank-vs-pnb-vs-bank-of-india/articleshow/104951084.cms