Axis Bank has revised interest rates on fixed deposits with effect from May 6. Axis Bank offers FDs across different tenures.
Read more at 👇
https://www.moneycontrol.com/news/business/personal-finance/axis-bank-revises-fixed-deposit-interest-rates-check-latest-fd-rates-6864101.html

#FixedDeposit #FDRates #InterestRates

Shritama Bose on why small #savings rates matter so much & how they affect banks. Read more: https://www.moneycontrol.com/news/business/explained-why-do-small-savings-rates-matter-so-much-how-do-they-affect-banks-and-other-questions-answered-7112151.html?utm_source=telegram&utm_medium=social

#BankDeposits #InterestRates

#RealEstate | An accelerating #COVID19 vaccination drive & #hiring in the financial services coupled with record-low home loan #interestrates helped housing sales double to 60,000 units in seven top Indian cities

by Vandana Ramnani
https://www.moneycontrol.com/news/business/real-estate/housing-prices-across-cities-largely-stable-in-third-quarter-may-inch-up-as-demand-outgrows-supply-7604131.html?utm_source=telegram&utm_medium=social

#MCPersonalFinance | Keep a part of your surplus income in savings accounts for liquidity and emergencies during uncertain times.

Here are private banks that offer up to 6.5% interest on savings accounts at
https://www.moneycontrol.com/news/photos/business/personal-finance/these-private-banks-offer-up-to-6-5-interest-on-savings-accounts-7883151.html

#banking #interestrates #personalfinance

Bitcoin fell 5% to around $29,700 today in Asian trade, sliding alongside stocks because of worries about high #inflation and rising #InterestRates.

Re more 👇
https://www.moneycontrol.com/news/business/cryptocurrency/bitcoin-back-below-30000-european-regulators-renew-crypto-warnings-8517681.html?utm_source=telegram&utm_medium=social

Measures to tighten liquidity are expected to accompany a rise in Indian #InterestRates, adding upward pressure to bond yields & increasing the need for central bank measures to support government borrowing.

Here's what analysts expect ⤵️

America’s employers slowed their #hiring in August in the face of rising #InterestRates, high #inflation and sluggish consumer spending, all of which weakened the outlook for the economy.

Read more about it 👇
https://bit.ly/3wQB04s

Should you be #investing in #FDs now? 💸

We all know that the era of low-interest rates is behind us. #RBI has been raising #InterestRates as #inflation does not seem to be transitory, just like in the rest of the world. But only a part of it has been passed on by banks to fixed deposit #investors so far.

📹 Watch the video to find out if it is still viable to invest in FDs! 👇
https://www.youtube.com/watch?v=S--QjhAR8EQ

The global #economy will bounce back once a likely deflationary situation across countries is over, which will also lead to #InterestRates becoming more manageable, Old Bridge Capital's Kenneth Andrade said.

Read at 👇
https://bit.ly/3VzuWrV

The #StockMarket is sensitive to #inflation data, as it can influence #InterestRates for the better or worse.

Rising rates hurt #market sentiment while falling interest rates spell cheer.

📹 Watch this video to understand how inflation and the stock market are related 👇
https://www.youtube.com/watch?v=zPND6dIChzU

#MCPersonalFinance: #SmallFinanceBanks and new private banks are offering higher #InterestRates on savings accounts compared to leading private and public sector banks.

These savings accounts pay up to 7.5% #interest 👇
https://bit.ly/3UKpWiC

#MCPersonalFinance: Rising #InterestRates in the Indian economy made #FD attractive in the past year but experts see the #RateHike cycle coming to an end.

Is this the right time to invest in FDs or should you wait for a month?

Know 👇
https://bit.ly/3VUnJBx

#MCPersonalFinance | EMI burden has shot up substantially in the past 10 months; any further increase in #InterestRates will make it more difficult for new borrowers to be eligible for #HomeLoans.

Find out more🔽
https://bit.ly/3l8I5dF