On term deposits under ₹2 crore, private sector lender Kotak Mahindra Bank raised interest rates. The new rates have been in effect since October 3, 2022, according to the bank’s official website. After the amendment, the bank increased interest rates on deposits with maturities from 271 days to less than 3 years. The bank currently offers interest rates for term deposits with maturities of 7 days to 10 years ranging from 2.50% to 6.10% for the general public and from 3.00% to 6.60% for seniors. On the contrary, deposits with a maturity between 23 months and 3 years would now yield a maximum interest rate of 6.70% for seniors and 6.20% for the general public.
[ad_1] âThe economy has made progress toward employment and inflation goals and if progress continues broadly as expected, a moderation in the pace of asset purchases may soon be warrantedâ, the US Federal Reserve officials said in their September monetary policy statement. The Fed also signalled interest-rate increases may follow more quickly than expected, with […]
[ad_1] For 16 months, between 2018 and 2019, Bangolombie charged 19.95% interest on long-term mortgage loans held by the bank to 1,742 clients, with a maximum rate of 12.54%, which is why Columbia’s financial supervisor (SFC) decided to penalize the company. for 1,079 credits. The financial supervisor found that the recovery of 1,079 mortgages exceeding […]
background picture MARLET OUTLOOK Operating leases – Monthly MARCH 7, 2022 CAPITAL MARKETS RESEARCH Moody’s Analytics markets and distributes all Moody’s Capital Markets Research materials. Moody’s Analytics does not provide investment advisory services or products. Interest rates for operating leases and repos Interest rates for operating leases and repos used in standard adjustments – Report […]