Interest Rates May 2024. The revised fd interest rates are effective from may 6, 2024. The average interest rate, per the most current data available as of this writing, is 6.766%.
Check out the best fd interest rates offered by top 20 public, private and small finance banks in 2024 | additional senior citizen fd rates For senior citizens, the bank is offering.
During Its May Meeting, The Federal Reserve Unanimously Voted To Hold Policy Rates Steady For The Sixth Consecutive Time, Leaving The Federal Funds.
To senior citizens for tenures ranging from 7 days to 10 years.
Hiked By 10 Bps To 8.95%.
Following are the top 10 small finance banks in terms of interest rates they are offering on their fixed deposits in may 2024, based on paisabazaar.com data.
Interest Rates May 2024 Images References :
The Bank Offers An Interest Rate Between 5 Percent And 7.25 Percent For General Citizens And Between 5.
In may 2024, many banks, including utkarsh small finance bank (sfb), city union bank, rbl bank, and capital small finance bank, revised their fixed deposit interest rates.
The Sharp Interest Rate Hikes Of The Past Two Years Will Likely Take Longer Than Previously Expected To Bring Down Inflation, Several Federal Reserve Officials Have Said.
State bank of india provides information on the various interest rates offered by it on various loans and deposit schemes.
