Interest Rates

Explained: How Imran Khan’s arrest worsens Pakistan’s economic and political woes

Pakistan facing its worst economic crisis has problems of its own: The country is running out of dollars, inflation is high and the IMF bailout is delayed. Imran Khan’s arrest only adds to the instability

First Republic seeks new ways to escape unrealized losses

Major banks and private equity firms have so far baulked at offering First Republic the capital infusion it craves for fear of releasing losses on the bank's loan book and investment portfolio amid a rise in interest rates

S&P 500 closes out dismal year with worst loss since 2008

Stocks struggled all year as inflation put increasing pressure on consumers and raised concerns about economies slipping into recession. Central banks raised interest rates to fight high prices

Explained: Why the IMF chief is urging China to end COVID lockdowns

IMF managing director Kristalina Georgieva has called for a ‘recalibration’ of China's tough ‘zero-COVID’ approach, which aims to isolate every case ‘exactly because of the impact it has on both people and the economy’

These public sector banks are offering high interest rates on FDs maturing in 2-3 years; check list

Various lenders like Indian bank, Punjab National bank, and Central Bank of India have hiked their FD rates

Canara Bank raises FD interest rates again; check latest rates here

The FD rates of Canara Bank were earlier hiked on 7 October. The bank is offering a variety of attractive FD options to investors

Explained: Will the Bank of Japan break tradition and raise interest rates?

Even as the Federal Reserve and the world’s other central banks raise interest rates to try to curb inflation, the Bank of Japan has stood firm, keeping its key interest rate at minus 0.1 per cent even as the yen sinks to three-decade lows against the dollar

RBL Bank revises interest rates on savings account by up to 25 bps, know new rates

The new interest rates of RBL Bank came into effect from 21 October, 2022

This government bank offers over 7% on fixed deposits; check rates here

Furthermore, for FDs with a tenure of 5 years and above to 10 years, the interest rate is 7 percent for the general public and 7.5 percent for senior citizens

Indian Overseas Bank hikes interest rates on term deposits; check latest rates here

'For Senior Citizens additional rate of 0.50 per cent and for Super Senior Citizens (aged 80 Years and above) additional rate of 0.75 per cent continues,' as per a statement on the lender’s website