News

HDFC Bank has reduced its savings account interest rates by 25 bps, impacting all customers. This revision marks the first rate cut since April 2022, prompting a comparison with SBI, ICICI, and PNB.
HDFC Bank has announced a 25 basis points reduction in interest rates on its savings bank deposit accounts, marking the first ...
HDFC Bank’s shares rose nearly 4% after announcing a cut in savings account interest rates to 2.75% for deposits below ₹50 ...
The upcoming revision in rates for the UOB One account marks the bank’s second cut in two years. On May 1, 2024, it reduced ...
Banking stocks surged after several state-run and private lenders cut fixed deposit and savings rates in response to the RBI’s recent repo rate reduction.
The national average savings account interest rate is 0.41% as of April 14, 2025, according to the latest numbers available from the FDIC. You can earn exponentially more than that by opening a ...
Following the Reserve Bank's policy rate drop, the state lender likewise lowered its lending rate by 25 basis points, which ...
Trump's new tariffs could shake up interest rates, but banks might not pass the benefits to savers. Learn how to protect your ...
Commissions do not affect our editors' opinions or evaluations. According to FDIC data, the average interest rate on savings accounts is currently 0.41%. That rate is much higher than it was prior ...
That all changed after the Covid-19 pandemic when you could finally park your cash in a high-yield savings account and earn a decent interest rate. Rather than being the exception, this was the ...
There's a big difference between national average savings rates and the top interest rates available. In part, that's because different types of banks often have very different rates. By contrast ...