HDFC Bank has raised interest rates on time deposits (FD) effective today, 26 October 2022. This is the second time deposit hike by the lender this month. These rates are applicable for deposit amounts below ₹2 crores. HDFC Bank raised FD interest rates by up to 50 basis points (bps). After today’s hike, HDFC Bank is offering an interest rate ranging from 3% to 6.25% on deposits maturing in 7 days to 10 years to general customers.
What are the different fixed and variable interest rates offered for home loans today? Let’s take a detailed look at the interest rates of banks and housing finance companies. – Institution Amount of the loan Below Rs. 30,000,000 Rs. 30 to75,000,000 Rs. 75,000,000 More BANKS (Floating rates) Axis Bank 7.60-8.05 7.60-8.05 7.60-8.05 Bank of Baroda […]
fd interest rate: up to 7.5% interest on term deposits: these 5 banks offer the highest interest rates over 3 years FD
Banks have raised their fixed deposit (FD) interest rates following consecutive hikes in repo rates by the Reserve Bank of India (RBI) since May 2022. RBI has raised the repo rate by a total of 190 basis points (bps) since May Fixed deposits are among the most popular investment options for many investors, especially conservative […]
One of the big four banks has raised its expectations for rising interest rates in Australia, which means bad news for many mortgage holders. One of Australia’s big four banks has revised up its expectations for Australia’s interest rate over the next few months, suggesting higher mortgage repayments for already struggling households. Westpac Chief Economist […]