What do you think of this person?
What do you think of this person?
This kid was the salutitorian of his class, and is in all honors in high school. He reads buisness week and watches CNN, F...
I had an answer removed for a violation notice yesterday. And I know some smart alec will complain about this for comical effect. The question was WHY DO PEOPLE DISLIKE MUSLIMS SO MUCH? Anyone ...
Savings accounts are yielding 5%+, and for short- to mid-range investment I'm not seeing comparable yield. Yet all the investment pros say "Don't put it in the bank! Invest!" Do ...
i heard that there are certain mutual funs that teenagers can put money into and if it gets a good rate of return and sits there for 30 years they can get up to 1 million dollars. if anyone knows ...
I have heard of them but how exactly do they make a living and by what methodas do they use to make decisions. Additional Details I am not a day trader but i have been known to make ...
I have already opened a new ISA account for "this year". I would like to know when i can open a new account for next year. What would be the earliest date to do so?...
I have 1.5k that I've been saving for the past five years and i dont know what to do with it. I'm 14 years old, I like new gadgets and, I like to travel, I like to go out alot(cinemas, ...
v303ik
Are bank interest rate for deposits likely to go up?
no if you see for long term it will come down ninor volatility can be there.
udayashanker k
may be 25 basis points from now on
Alex
The bank interest rate is not likely to go up in the never future as the Fed. has not raised the rate in the last few meetings. Since the inflation data in November is good, some analysis expect the Fed to lower the rate next year. So, mostly likely the rate would stay the same or could be lower a bit.
markos m
Not likely and if they do, it will probably be just a quarter point.
cvrk3
NO chance. The rate on advances only will go up.
saurabh
not very much ......
with the recent increase in bank CRR the banks are more likely to close in on the loose ends and try to maintain some status quo on profitablity
chikoo s
no they are at probably their peak for at least in the medium term.
pali@yahoo.com
HDFC is already offering 8% p.a. for fixed deposit for a period of 1year and 15 days... ICICI is offering 8% p.a. for a period of 390 days... by next week expect more banks of offer
MR MONEY
Banks are showing huge profits for the year, 2006. They will fight to grow market share. Also the yield curve on bonds for long term and short term is inverted, which eventually will revert to normal.
So, YES, I think rates will increase over the next 1 to 3 years.
WhizMaster
The bank interest will go up but not a rate that may be more suitable to you. The economy is not flying straight up. So ... you will not get much higher then five or six for quite a while.
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