Private sector lender RBL Bank has raised interest rates on savings accounts. According to the bank’s official website, the new rates come into effect on October 21, 2022. Following the adjustment, the bank increased interest rates on a variety of deposit slabs by up to 25 basis points. As a result, RBL Bank savings account holders can now earn up to 6.50% on their savings account deposits. Interest is paid/credited to the Client’s account on a quarterly basis and interest rates will be calculated and accrued daily, based on the end of day balance on the account.
MONTGOMERY, Ala. (WSFA) – The Federal Reserve raised interest rates by half a percentage point last week to rein in the worst inflation the United States has seen in 40 years. This is the second increase in two months and the largest increase since 2000. “A 50 point increase that we just had is one […]
The pace of falling prices also accelerated in Melbourne, where home values fell 1.5% during the month. Brisbane fell 0.8%, Canberra 1.1% and Hobart 1.5%. Nationally, house prices fell 1.3% over the same period. While Adelaide, Perth and Darwin managed to post modest gains, their monthly growth rate slowed significantly, said CoreLogic research director Tim […]
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 […]