Deposit Rate
Indian public bank deposit share slumps to 56% as private rivals surge
Indian public bank deposit share slumps to 56% as private rivals surge
Household savings held by private lenders climbed from 30% in 2020 to 35% by 2025.
Simon-Kucher expert says Asia’s banks overspend with blanket deposit pricing
Most institutions simply follow central bank moves, offering the same rates to broad customers.
Maybank Singapore offers fixed deposit rates up to 3.05% per annum
The offer starts at a minimum placement of S$20,000 and a 6-month tenure.
Bank of East Asia raises savings rate to 0.125% per annum
It is also raising its HK dollar prime rate to 5.375% pa.
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