Page 2 - Saving Account News Today

Whether it's an emergency fund, holiday stash, or rainy day nest egg, keeping your money in savings account is a good idea. Your cash stays out of sight, and you can earn some interest that adds up...

After a few months of decline, the proportion of current and saving account deposits has been "stable" for Kotak Mahindra Bank in the December quarter, a senior executive said on Thursday. On deposit rates and what the account holders should expect, the lenders head of distribution and retail liabilities, Puneet Kapoor, said, "we are in a higher interest rate regime and just a few days ago, went for a 0.05 per cent increase".

Bank customers have been getting one of the lowest interest rates on deposits specially on smaller deposits held in their saving account often in the range of 2.7% to 3%. These rates have largely remained stagnant despite a 2.5% hike in repo rate. As per media reports RBI has been uncomfortable with this and hinted banks to raise the rates. On the other hand, the interest rate on post office saving account has remained unchanged at 4%. Will the central bank push lead to an overall rise in intere...

In one of his latest videos, financial guru, attorney, and entrepreneur Jaspreet Singh explained that, "Wealthy people don't just keep all of their cash in one bank account. They have designated money...

More than half of Americans say they feel behind on their retirement savings, according to Bankrate. Here's are some tips to get ahead.

GO Savings Account  offers multiple customer-friendly advantages including - high interest rates of up to 7.5% per annum.

Kotak811: Now Earn up to 7 Percent p.a. By Signing-up for ActivMoney

Now one can earn FDlike interest by opening a Zero Balance Savings Account with Kotak811. In a remarkable step towards redefining the personal banking experience the digital bank is providing customers financial flexibility and growth like never before with a no fuss online account that takes all of 3 minutes to open.

The ActivMoney feature in Kotak811 Savings Accounts is the perfect blend, ensuring that customers get the best of both worlds

Almost all banks nowadays provide very modest interest rates on savings accounts ranging from 3-4%, but some private banks offer interest rates up to 6-7% vide condition that the account holder keeps a minimum balance of say 75k-1Lac.