Check out the public sector banks that offer the best savings account interest rate
These interest rates are competitive when compared with what leading private banks offer
This is done to attract new customers to the banks
Some banks, especially smaller or newer ones, pay a higher interest rate on your balances
For purchasing consumer electronics, the interest rates would be between 12 to 20 per cent
That way, you will avoid higher interest payment and longer loan tenures
The organisation is reportedly looking to make up for low investment yields
This account is to be opened with the primary intention of educating children about the importance of saving and investing
With the 150 bps cut from next month, Airtel Payments Bank's rate will be at par with that of other banks like Paytm Payments Bank
The Supreme Court, on April 24, 2017, directed real estate firm Unitech to deposit 14 per cent interest on Rs 16.55 crores invested by 39 home buyers at its project in Gurugram, by May R
Media reports say Japan's SoftBank Group Corp , with expertise in information technology and telecommunications, is close to investing more than USD3 billion in the US office-sharing upstart WeWork. This would mark a major vote of confidence in the business and the sector overall.
Slapping a penalty on Unitech Resorts for delaying handing over of flats, the Supreme Court on February 20, 2017, directed it to deposit 14% interest on Rs 16.55 crores, invested by 39 home buyers R
Pre-payment reduces your interest burden, reduces the tenor of your loan, and ensures long-term savings for you.
Mobikwik is firming up plans to transform into a full-fledged financial services platform to offer users interest on money parked in its mobile wallet through tie-ups with instruments such as mutual funds. It also plans to dole out loans to its customers through bank-to-bank collaborations.
Companies have also been asked to avoid unnecessary delays in paying claims.
Trump has promised a largUSe infrastructure spending program, tax cuts, a rollback of regulations and a renegotiation of trade deals but has offered few details or a timeline for their rollout since his victory in the November 8 election.
"The rollback of TPP should be of some relief to India since this mega regional trade agreement was threatening to re-write the trade rules, most of which were inimical to India's interests," Trade economist and Professor at Jawaharlal Nehru University Biswajit Dhar said.
"But obviously it's a volatile environment. What we have seen in the past is when some unilateral moves are made that speak to some of the core issues and sensitivities of either side, that can be explosive.
In an interview with Shereen Bhan, Keki Mistry, CEO, HDFC, talked about his key takeaways from PM Modi's much-awaited New Year's Eve address to the nation.
Prime Minister Narendra Modi on Saturday announced new schemes for the rural and urban housing, farmers, senior citizens and women in a televised address that had raised expectations about sops for the poor and middle class for enduring the â€œdemonetisationâ€ pain.
The Fed on Wednesday approved the first interest rate hike in a year. In addition, the FOMC indicated a higher rate in its look ahead than projected back in September. The committee now expects three rate hikes in 2017, two or three in 2018 and three in 2019.
The CME Group FedWatch probability for a June 2017 rate hike rose from a 57.7 percent chance for a June rate hike to 78 percent after the central bank announcement.
Higher interest rates in the United States could make it harder for China to manage its exploding debt, as the Asian giant increasingly depends on borrowing in order to keep growing â€” while simultaneously trying to block capital from fleeing for more fruitful shores in America.
The Fed on Wednesday raised its short-term target rate by 25 basis points in its second rate hike in a year. The Fed also surprised markets with a forecast that showed it could raise rates three times next year, instead of two.
The increase, which was widely anticipated by markets, "should certainly be understood as a reflection of the confidence we have in the progress that the economy has made and our judgment that progress will continue," Yellen told a press conference.