Interest rates on savings accounts have been adjusted by ESAF Small Finance Bank. According to the bank’s official website, the new interest rates have been in effect since August 1, 2022. After the adjustment, the bank now pays a maximum interest rate of 6.50% on savings accounts . Interest on Caisse d’Epargne accounts is currently calculated on the basis of end-of-day balances and is payable monthly.
It makes sense to focus on the Federal Reserve’s favorite inflation gauge in the coming week. After all, the central bank’s interest rate setting group meets in three weeks. It is almost certain that the committee will increase its short-term borrowing rate for the first time since the start of the COVID-19 pandemic. The rate […]
Axis Bank national fixed deposit interest rate Following the most recent change on deposits of less than Rs. 2 crore, Axis Bank now gives 2.50% interest on term deposits with a maturity between 7 and 29 days, 3% for deposits lasting between 30 days and less than 3 months, and 3.5% for FDs lasting between […]
Interest rates could top 2% in the coming year as the Bank of England acts to prevent high inflation from taking hold of the economy, one of its policymakers has said. Michael Saunders, who is leaving Threadneedle Street’s Monetary Policy Committee (MPC) next month, said he backed tougher policy because the risks of doing ‘too […]