Private sector lender Federal Bank raised interest rates on savings bank deposits. Interest rates on the bank’s savings accounts are linked to the repo rate and on June 8, 2022, RBI raised the repo rate by 50 basis points from 4.40% to 4.90%, in Accordingly, the interest rate on Federal Bank savings accounts also rose on June 9, 2022.
The Police Bank has launched a 2% savings account for young Australians aged 18-29, provided certain criteria are met. Nicknamed ‘U30 Super Charge’ savings account offers 2.00% interest per annum on balances up to $10,000. To earn the interest rate of 2% per annum, Police Bank members simply need to have their salary paid directly […]
Operation HOPE Selected by City of Atlanta to Launch Children’s Savings Account Program for All Eligible Kindergarten Children |
ATLANTA, November 19, 2021 / PRNewswire / – Today, Operation HOPE announced that it has been selected by the City of Atlanta as a non-profit partner to manage the new children’s savings account program for thousands of qualified kindergarten students from Atlanta Public Schools (APS). The program helps advance Operation HOPE’s mission and at the […]
Investment oi-Vipul Das | Posted: Tuesday March 22nd 2022, 11:18 AM [IST] Equitas Small Finance Bank (SFB) has revised interest rates on savings accounts. The bank made the announcement on March 21, 2022, and following the latest revision, savings account holders would now enjoy a maximum interest rate of 7%. Equitas SFB offers a variety […]