Canara Bank has announced a waiver of the Average Monthly Balance (AMB) requirement across all savings accounts, effective ...

High-yield savings accounts can earn you over 12 times more than average rates. Learn when switching accounts makes sense—and ...

Banks like HDFC Bank and Axis Bank have already lowered their fixed deposit (FD) interest rates. More banks might do the same ...

From June 1, 2025, several major financial sector changes will take effect across India. The fresh changes can potentially ...

HDFC Bank has reduced its fixed deposit interest rates by up to 20 basis points on select tenures for deposits below Rs 3 ...

Holly Johnson is a freelance contributor to Newsweek’s personal finance team with a focus on credit cards and rewards, financial products and travel. Johnson has spent more than a decade ...

As Elkins puts it, "Don't assume high savings account yields are necessarily a good thing." With interest rates uncertain, choosing the right savings product is going to be vital this year.

82% of Americans don't utilize high-yield savings accounts (HYSAs) for storing money. This means they're probably earning pennies in interest each month from a microscopic interest rate.

Photograph: Kind courtesy Sourabh Jatav/Pexels HDFC Bank has reduced its savings account interest rate from 3 per cent to 2.75 per cent. Several other large banks also offer interest rates below 3 ...

With HDFC Bank and ICICI Bank lowering the interest rates offered on savings deposits, there is a renewed focus on making optimum use of your idle, or surplus, funds in your accounts. Two private ...

These changes also coincide with adjustments to HDFC Bank's savings account interest rates, which were recently revised. Effective April 12, 2025, savings account interest rates have been lowered ...

On the other hand, the effect of this reduction in interest rates is also being felt by those who have savings accounts and fixed deposits. Recently, HDFC Bank has cut the interest rates on ...