State Bank of India has cut its savings account rate by 20 basis points to 2.5% per annum. This is the lowest ever savings account rate the bank has offered, since the deregulation of these ...

State Bank of India has reduced interest rates on deposits. The bank lowered retail term deposit rates by 25 basis points.

According to the Federal Deposit Insurance Corp., that's an average rate of 0.41% on a traditional savings account, 1.77% on a 1-year CD, and 0.62% on a money market account. Secure a great rate ...

RBI's floating rate savings bonds (FRSB) offer an attractive 8.05% interest rate for the period between July and December ...

If you choose a savings account over a no-penalty CD, you may face these drawbacks: Variable interest rates. Unlike the fixed-term rates offered by no-penalty CDs, savings account rates can fluctuate.