Private sector Kotak Mahindra Bank has revised its savings account interest rates, reducing them by 50 basis points (bps).

From April 01, 2016, the payment of interest on Savings Bank Account is on a quarterly basis. Thus, the Savings Bank interest ...

Amid continuous market volatility, arbitrage funds have surpassed public bank fixed deposits (FDs) in terms of one-year ...

The bank offers different interest rates on savings accounts based on the account balance. The new rates are applicable from ...

Kotak Mahindra Bank has slashed its interest rates on savings accounts effective February 17, 2025 soon after the Reserve ...

Banks typically offer higher interest on their long-term deposits and lower interest on short-term fixed deposits ...

At ICICI Bank the interest rates range from 3% to 7.25%, depending on the tenure. For example, for a 7 to 29-day FD, the ...

Recently, the Reserve Bank of India (RBI) has reduced the repo rate by 25 basis points to 6.25 per cent from 6.50 per cent, ...

In the three-year category, the highest interest offered is 7.65% which is offered by both Kotak Mahindra Bank and Bank of Baroda. Axis bank closely follows with 7.60% interest for the three-year ...

The Reserve Bank of India (RBI) 's Monetary Policy Committee (MPC) has started an interest rate cut cycle by slashing the ...

Highlights: The Reserve Bank of India has cut repo rate by 25 bps to 6.25% for the first time in nearly five years. RBI's ...

However, some banks acknowledged the short-term impact on their profitability, with expectations of eventual recovery ...