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With the&nbsp;festive season approaching, banks have started to reduce interest rates, some to the lowest in a decade. Here's a list of the top 10 banks with the lowest interest rates:

Citi&nbsp;Bank: 6.5%
Kotak&nbsp;Bank: 6.5%
Axis: 6.66%
LIC&nbsp;Housing Finance: 6.66%
SBI:&nbsp;6.70%
HDFC: 6.75%
Bank of Baroda: 6.75%
ICICI Home&nbsp;Loan: 6.75%
Bajaj Home Finance: 6.80%
Corporation Bank: 6.80%


The Big Loan Bazaar! Find the cheapest loans at these banks

With the&nbsp;festive season approaching, banks have started to reduce interest rates, some to the lowest in a decade. Here's a list of the top 10 banks with the lowest interest rates:
&nbsp;

List of top 10 banks with the lowest interest rates

Banks have started to reduce interest rates, some to the lowest in a decade

With the&nbsp;festive season approaching, banks have started to reduce interest rates, some to the lowest in a decade. The trend started with Kotak&nbsp;Mahindra&nbsp;Bank but the big boy SBI&nbsp;has beena&nbsp; disruptor slashing the rates across the board.&nbsp;Only with the launch of festive deals, borrowers can now get a home loan for any amount at a rate as low as 6.7 with a concession of 45 basis points. Processing costs have been waived and balance transfer loans are also eligible for the 6.7 percent home loan deal of the bank.&nbsp;Here's a list of the top 10 banks with the lowest interest rates:
Also read/watch:&nbsp;<a href="https://www.edtr.ai/aee2" target="_blank">SBI home loan rate cut: Cheaper rates for all loan amounts</a>
<ol>
<li>Citi&nbsp;Bank: 6.5%</li>
<li>Kotak&nbsp;Bank: 6.5%</li>
<li>Axis: 6.66%</li>
<li>LIC&nbsp;Housing Finance: 6.66%</li>
<li>SBI:&nbsp;6.70%</li>
<li>HDFC: 6.75%</li>
<li>Bank of Baroda: 6.75%</li>
<li>ICICI Home&nbsp;Loan: 6.75%</li>
<li>Bajaj Home Finance: 6.80%</li>
<li>Corporation Bank: 6.80%</li>
</ol>

US markets took a hit as the 30 stock Dow fell more than 500 points as investors got spooked by Federal Reserve (Fed) commentary on earlier than expected rate hikes.&nbsp;The US stocks nosedived after Federal Reserve official James Bullard that the he was supporting the group of seven members that believes rate increases will&nbsp;begin next year. This comes as the Fed has moved up it's rate hike calendar to 2023 due to a rise in inflation forecast.&nbsp;Financials&nbsp;were down 6%, Energy sector down 5% were the worst hit on Wall Street.&nbsp;For the week, the Dow lost 3.5%. The S&amp;P 500 and Nasdaq were down by 1.9% and 0.2%, respectively.

US Markets slide, Dow falls more that 500 points sees worst week since Oct

Asian markets slide, Japanese markets down 3% following US markets' 500 point crack, so what&nbsp;is spooking global investors?&nbsp;

<ul>
<li>US markets see sharp drop in Friday's trade, Dow down 500 points</li>
<li>US markets fall on Fed commentary on early rate hikes</li>
<li>Fed Official Bullard: See central bank hiking rates as early as next year</li>
<li>Fed has moved up rate hike calendar and inflation forecast</li>
<li>Financial and commodity stocks worst hit on Wall Street</li>
<li>For the week: Dow down 3.5%, worst week since October</li>
</ul>

US markets took a hit as the 30 stock Dow fell more than 500 points as investors got spooked by Federal Reserve (Fed) commentary on earlier than expected rate hikes.&nbsp; The US stocks nosedived after Federal Reserve official James Bullard that the he was supporting the group of seven members that believes rate increases will&nbsp;begin next year. This comes as the Fed has moved up it's rate hike calendar to 2023 due to a rise in inflation forecast.&nbsp; Financials&nbsp;were down 6%, Energy sector down 5% were the worst hit on Wall Street.&nbsp; For the week, the Dow lost 3.5%. The S&amp;P 500 and Nasdaq were down by 1.9% and 0.2%, respectively.

Gold prices are down 5% so far this week, silver over 6% as the precious metals see the&nbsp;worst week in 9 months after hawkish comments from the Fed sent the dollar on a rally.&nbsp;The dollar jumped to a 2-month high as the Federal Reserve indicated earlier than anticipated rate hike. Prices in India were firmly below the Rs 47,000/10 gm mark which analysts believe will spark buying in the world's largest gold jewellery market.&nbsp;The price drop in the yellow metal may be temporary as per brokerage house Goldman Sachs who stated "In a now familiar pattern, the recent gold move has outpaced both the move in the dollar and in real rates, indicating it is due for an upward price reversal in coming weeks."

Gold prices slide 5%, Goldman says reversal is due so is it time to buy again?

Gold prices slide 5%, is the shine finally coming off or is it a good time to buy?

<ul>
<li>Gold prices slide after Fed's hawkish commentary on rates</li>
<li>Gold prices down 5% for th week, worst in 9 months</li>
<li>Dollar jumps on earlier rate hike talk, rises to 2-month high</li>
<li>Gold prices in India continue to trend below Rs 47,000/10gm mark</li>
<li>Goldman Sachs: Gold is&nbsp;due for an upward price reversal</li>
</ul>

Gold prices are down 5% so far this week, silver over 6% as the precious metals see the&nbsp;worst week in 9 months after hawkish comments from the Fed sent the dollar on a rally.&nbsp; The dollar jumped to a 2-month high as the Federal Reserve indicated earlier than anticipated rate hike. Prices in India were firmly below the Rs 47,000/10 gm mark which analysts believe will spark buying in the world's largest gold jewellery market.&nbsp; The price drop in the yellow metal may be temporary as per brokerage house Goldman Sachs who stated "In a now familiar pattern, the recent gold move has outpaced both the move in the dollar and in real rates, indicating it is due for an upward price reversal in coming weeks."

Congress leader Priyanka Gandhi on Thursday led the opposition attack on govt over its flip flop on interest rates on small savings. The Congress general secretary asked Finance Minister Nirmala Sitharaman if the Centre's roll back of rate cut was a case of "oversight" as claimed or one of election-driven "hindsight". The Trinamool Congress, battling the BJP in West Bengal, also mocked the Union government. TMC leader Derek O'Brien tweeted that the rollback was an egg on the govt's face. Former finance minister P Chidambaram too slammed the govt on the move saying "there is nothing inadvertent about the govt notification and the BJP govt had decided to launch an assault on the middle class".

'Oversight or hindsight?': Opposition attacks govt over interest rate flip flop

'Oversight or hindsight?': Congress leader Priyanka Gandhi led the opposition attack on govt over its flip flop on small savings' rate cut.&nbsp;

'Oversight or hindsight?': Oppn attacks govt over interest rate flip flop

Congress leader Priyanka Gandhi on Thursday led the opposition attack on govt over its flip flop on interest rates on small savings. The Congress general secretary asked Finance Minister Nirmala Sitharaman if the Centre's roll back of rate cut was a case of "oversight" as claimed or one of election-driven "hindsight". The Trinamool Congress, battling the BJP in West Bengal, also mocked the Union government. TMC leader Derek O'Brien tweeted that the rollback was an egg on the govt's face. Former finance minister P Chidambaram too slammed the govt on the move saying "there is nothing inadvertent about the govt notification and the BJP govt had decided to launch an assault on the middle class".

Congress leader Priyanka Gandhi on Thursday led the opposition attack on govt over its flip flop on interest rates on Small Savings Schemes. The Congress general secretary asked Finance Minister Nirmala Sitharaman if the Centre's roll back of rate cut was a case of "oversight" as claimed or one of election-driven "hindsight". The Trinamool Congress, battling the BJP in West Bengal, also mocked the Union government on it's reversal,&nbsp;TMC leader Derek O'Brien tweeted that the rollback was an egg on the govt's face. Former finance minister P Chidambaram too slammed the govt on the move saying "there is nothing inadvertent about the govt notification and the BJP govt had decided to launch an assault on the middle class". The sharp&nbsp;rate cut would have set the PPF rate to the lowest level in 46 years.&nbsp;

interest rates

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