News

Although the Federal Reserve hasn’t moved its benchmark since December, the average card rate keeps edging higher.
Savers warned ‘loyalty does not pay’ as Bank of England base rate held at 4.25% Average savings rates have been on a downward path in recent weeks, but some providers have unveiled new products.
HDFC Bank and ICICI Bank cut FD rates by 25 bps on select tenures after RBI slashed repo rate to 5.5%. Revised FD interest rates now range between 3%-6.6% for general citizens and up to 7.10% for ...
The Bank’s nine-person MPC voted by a majority of five to four to reduce rates by 0.25 percentage points. Two members of the MPC, Swati Dhingra and Alan Taylor, wanted to push through a bigger 0.5 ...
As a result, their minimum loan rates now range between 6.75% and 7.40% per year. Minimum overdraft rates are in a range of 6.87% to 7.20%, while minimum retail rates are between 6.90% and 7.55%.
The Bank of England reduced its base rate from 4.5% to 4.25% today in a widely expected move. The base rate influences interest rates that lenders offer on savings and borrowing, including mortgages.
Fifth Third Bank stands out for its promotional CD rates, which are offered for terms of 3, 7, 13 or 24 months. The promotional rates are more than double the national average for CDs at those ...
Santander Bank CD rates are 4% for a 1-year term and 4.5% for a 6-month term. All Santander Bank CDs have a $500 minimum deposit requirement. You’re required to visit a branch to open a ...
Indian Bank has decreased its home loan interest rates to 7.90% and vehicle loan rates to 8.25%. Canara Bank also announced a reduction, with housing loans now starting at 7.90%.
HDFC Bank, IDBI Bank and Karnataka Bank are all offering 2.75% interest rates to their savings account customers. Among the private sector lenders, RBL Bank is giving the highest rate of 3.25% to ...
Major banks have cut their lending and deposit rates following Reserve Bank of India’s (RBI) 50 basis points cut in repo rate in 2025. The largest private sector bank HDFC Bank cut its deposit ...
The Reserve Bank of India (RBI) on Tuesday issued a comprehensive Master Direction (MD) related to interest rate on deposits that has come into force with immediate effect. As per this MD ...