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Latest Articles in interest rates
Easy Ways To Maximize Bank Savings Account Interest Earnings
A savings account provides safety and can also be an investment tool if you play it right. One way to do that is by maximising interest earnings
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Kotak Mahindra Bank Increases Fixed Deposit Rates To 25Bps
Senior citizens will be benefitted with a 7.60 per cent interest for deposit amounts of up to Rs 2 crore in 12 months to 2 years tenor
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Interest Rates Nearing Peaks But Major Central Banks Will Delay Monetary Policy Easing: Report
With inflation rates still well above targets and credibility at stake, major central banks will continue to tighten policies in early 2023
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Shriram Finance Revises Fixed Deposit Interest Rates
The revised interest rates will be effective from 1 January 2023, and applies to tenure across 12 months to 60 months
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The Great Bank Deposit War
SBI has raised interest on retail deposits to 6.75 per cent from 6.1 per cent. IDFC first, HDFC, and Axis bank are at 6.5 per cent, and Kotak Mahindra has hiked the interest rate to 7 per cent
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‘Real Estate Today 30-40% Cheaper Compared To What It’s Going To Be In Next 3 Years’
Silverline Group Chairman says real estate prices are going to rise steeply over the next few years and advises to buy right now when the prices are cheaper
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Fed Raises Interest Rates By Half Percentage Point, Sees 5.1% Rate Next Year
US stocks turned negative following the release of the policy statement. Yields on the 2-year and 10-year notes rose. The dollar edged higher against a basket of currencies
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Property Registrations In Mumbai Rise 15% In November
Property registration is picking up with some moderation during the past six months
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Bank Of Baroda Launches New Scheme Offering Higher Interest Rates
The scheme will be open till 31 December, 2022 and is applicable on retail deposits below Rs 2 crore
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Raising Fed Rates By 50 Or 75 Basic Points Reasonable For Next Month: Mary Daly
On Thursday, San Francisco Federal Reserve President Mary Daly said that raising interest rates by either 50 or 75 basic points would be a reasonable way to get short-term borrowing costs.
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Fed Sees More Tightening Of Monetary Policy If Inflation Persists
Based on data released in the days prior to the session, "participants concurred ... that the near-term inflation outlook had deteriorated since the time of the May meeting," the minutes stated, justifying the 0.75-percentage-point increase and a move to "restrictive" monetary policy
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Sri Lanka Hikes Interest Rates To Tackle Inflation Amid Economic Crisis
The Monetary Board of the Central Bank of Sri Lanka on Friday decided to increase the Standing Deposit Facility Rate (SDFR) and the Standing Lending Facility Rate (SLFR) of the Central Bank by 700 basis points to 13.50 per cent and 14.50 per cent, respectively, effective from the close of business on April 8
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Buying Home To Get Cheaper This Diwali
Various banks have reduced home loan interest rates to attract more customers. Union Bank is offering the loan at an all-time low interest rate of 6.4 per cent.
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Kotak Drops Home Loan Interest Rates To 6.50% For Next 60 Days
The reduced interest rate of 6.50% is applicable across all loan amounts; and on both Fresh and Balance Transfer cases
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Will Try To Keep Soft Interest Rate Regime As Long As Possible: SBI Chief
The bank has already earmarked Rs 30 crore and is engaging with non-governmental organisations (NGOs) and hospital management for setting up medical facilities on an emergency basis for the treatment of COVID-19 patients.
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