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Britain’s biggest building society is cutting mortgage rates as low as 3.89 per cent, as banks announced changes that could ...
The US economy could slow down unless interest rates are lowered immediately, President Donald Trump said on Monday, repeating his criticism of federal reserve chair Jerome Powell. “With these ...
This phenomenon occurs because in a lower interest rate environment, the attractiveness of term deposits and other higher-yielding fixed-income instruments diminishes. Consequently, depositors may ...
Latest Fixed Deposit Rates in April 2025: With the Reserve Bank of India (RBI) reducing its lending rate for commercial banks to 6%, several changes in banking products are expected in the coming days ...
ICICI Bank, Axis Bank, and Federal Bank have also cut their savings deposit rates by as much as 25 basis points. Federal Bank now pays 2.75% for balances up to ₹50 lakh and 5.25% for balances up to ...
Mid-size lender Federal Bank also reduced its savings deposit rates by 25 basis points. Several banks have also slashed interest rates on fixed deposits. HDFC Bank has cut interest rates on fixed ...
Choosing between a fixed and floating interest rate for your loan can significantly impact your financial stability and planning. Understanding the benefits and drawbacks of each can help you make ...
These include FD tenures of 300 and 375 days. Notably, the RBI on April 9, 2025 cut the repo rate by 25 basis points, bringing it down from 6.25 per cent to 6 per cent. 444-day tenure FD: According to ...
The bank will give an interest rate of 6.85% for fixed deposits with a duration of one year, and 7.00% for those with a duration of more than one year and up to 443 days. The Federal Bank will ...
IDBI Bank has reduced interest rates of special tenure fixed deposits (FD), extended the application window for its popular Utsav scheme and discontinued offers of 300 and 375 days. According to its ...
ICICI's notable FD rate reduction: 15-18 months tenure now at 6.8%. IDBI Bank has announced revisions to its fixed deposit (FD) interest rates while extending the deadline for its Utsav Deposit ...
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