News

President Trump says Fed rate cuts would save the government as much as $900 billion a year in interest payments on its debt.
The interest rate your lender gives you isn't the true cost of your mortgage. Learn how to calculate your effective interest ...
A company's long-term liabilities, such as bonds payable and finance leases, arise from its future cash flow obligations.
What is APY? APY stands for annual percentage yield, which means the effective annual return that an account or investment earns. “Effective” means the rate that you’d actually earn if you let your ...
The Reserve Bank of India (RBI) is widely expected to cut interest rates by 25 basis points on June 6, marking its third consecutive reduction, according to a Reuters poll of economists. Another rate ...
(Yicai) May 28 -- Interest rate incentives offered by Chinese banks are pushing the effective rates of some consumer loan products below the regulatory threshold, raising concerns about a potential ...
How to calculate credit card interest rates Although APR is shown as a yearly percentage, the interest rate is calculated daily. The banks and lending institutions divide the annual interest rate ...
ICICI Bank: Rate cut across select tenures According to ICICI Bank, annual interest rates now range from 3 per cent to 6.85 per cent for general customers and 3.5 to 7.35 per cent for senior citizens.
SBI's "Amrit Vrishti" delivers a 6.85% annual interest rate for regular customers. Senior citizens receive 7.35% yearly, while super senior citizens (80 years and above) enjoy 7.45% per annum.
CBA will decrease home loan variable interest rates by 0.25 per cent per annum, and says "all home loan variable rate changes announced today will be effective 30 May 2025".
HB1294 opens a loophole that would allow new, app-based payday lenders to bypass Maryland’s 33% annual interest rate cap. These digital lenders already operate in the state, often illegally, offering ...
By Mark Hulbert Insurance against Fed rate hikes with 'rate-hedged' ETFs doesn't come cheap Would you be willing to pay a fee of up to 1% of your annual bond-fund return to gain protection against ...