2006-12-17 02:07:37 · 13 answers · asked by v303ik 1 in Business & Finance ➔ Investing
no if you see for long term it will come down ninor volatility can be there.
2006-12-18 20:15:54 · answer #1 · answered by Subhrangshu m 3 · 0⤊ 0⤋
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.
2006-12-17 04:13:21 · answer #2 · answered by Bryan 5 · 0⤊ 0⤋
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.
2006-12-17 05:23:52 · answer #3 · answered by MR MONEY 3 · 0⤊ 0⤋
The activity is depending on the inflationary style. in many cases the activity is a lot less at the same time as there isn't any inflation in that usa. Depositors keep their quantity contained in the monetary company for his or her convenience. The verify transactions and the usages of charge playing cards keep a large number of overseas money dealing ( wearing) Banks have become income by skill of forex dealings ( vast difference between trading cost) funds transfers, issuing of ensures, LCs , coping with records of imports and exports and so on..
2016-11-27 00:08:20 · answer #4 · answered by ? 4 · 0⤊ 0⤋
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.
PS please award best answer
2006-12-17 03:09:21 · answer #5 · answered by WhizMaster 4 · 0⤊ 0⤋
The SOB'S like to rob you for a loan, but they want your hard earned
money for nothing.
Years ago it didn't matter what the Fed's wanted they would still give 5%.
We'll all be dead before we see that again. Just too much greed.
2013-11-09 08:02:20 · answer #6 · answered by Joseph 1 · 0⤊ 0⤋
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
2006-12-17 03:46:14 · answer #7 · answered by pali@yahoo.com 6 · 0⤊ 0⤋
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
2006-12-17 02:12:01 · answer #8 · answered by saurabh 2 · 0⤊ 0⤋
NO chance. The rate on advances only will go up.
2006-12-17 14:12:46 · answer #9 · answered by cvrk3 4 · 0⤊ 0⤋
may be 25 basis points from now on
2006-12-17 05:51:47 · answer #10 · answered by udayashanker k 3 · 0⤊ 0⤋