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.
A view shows newly built homes in Chico, California September 24, 2020. REUTERS/Saif Tawfeeq/File Photo Join now for FREE unlimited access to Reuters.com Register June 15 (Reuters) – The average interest rate on the most popular U.S. home loan hit its highest level since the 2008 financial crisis and purchase orders fell more than 15% […]
AutoCanada, which has 81 franchise dealerships in Canada and the United States, released its financial results for the second quarter of 2022 on August 10. It reported revenue of $1.67 billion, up from $1.28 billion in 2021. Diluted earnings per share were $1.33, up 10 cents from $1.23 in the same quarter last year. The […]
With rising interest rates, fixed income instruments have become attractive. What are your options? – BusinessToday
The year 2022 has seen unprecedented events. As the world emerged from the disruption caused by Covid-19, the onset of the Russian-Ukrainian conflict, coupled with other economic headwinds, led to a spike in commodity prices, causing even more volatility in financial markets. of the whole world. Many developed countries have been hitting high inflation rates […]