Learn how to find the average savings account interest rate, how that differs from the highest rates and what factors impact ...

deposit rates of banks have inched up, while there was some cooling off for the lending rates, latest data released by the Reserve Bank of India (RBI) showed. The weighted average domestic term ...

TERM DEPOSIT YIELDS went down on Wednesday on expectations of further rate cuts from the Bangko Sentral ng Pilipinas (BSP) after it resumed its easing cycle this month. The BSP’s term deposit facility ...

The days of term deposits paying an interest rate of more than 5% p.a. are gone, at least for now, with the average term deposit rate much closer to 3%. Further cuts in term deposit and savings rates ...

Kotak Mahindra Bank has reduced its fixed deposit (FD) interest rates by up to 30 bps on select tenures, marking its second revision in April, effective April 23, 2025. Similarly, Axis Bank has also ...

The report cited the impact of a higher base and relatively lower deposit interest rates as key reasons. In a bid to bolster their liability franchises, banks have been offering higher term ...

HDFC Bank has cut interest rates on fixed deposits less than Rs 3 crore for select tenors, effective April 19. State-run Bank of India too had reduced interest rates on short-term and medium-term ...

The State Bank of India (SBI) has the “SBI Green Rupee Term Deposit" (SGRTD) scheme. This deposit scheme is designed to attract deposits to help the bank finance green initiatives. It is available ...

For balances above Rs 50 lakh, the interest rate has been cut to 3.25% from 3.5%. HDFC Bank and Axis Bank had earlier reduced their savings deposit rates to 2.75% for balances up to Rs 50 lakh ...

Repo Rate Cut Impact: Federal Bank has announced new interest rates for Resident Term Deposits, effective from April 17, 2025. These revised rates, applicable for deposits less than Rs 3 crore, vary ...

A joint term deposit is an ideal savings solution for couples, family members, or business partners looking to grow their money together. By pooling funds into a single account, all parties benefit ...

Industry experts believe other private banks will likely follow this trend, preparing depositors for a potential broader rate-cut cycle in the medium term. "Savings deposit accounts are more ...