After holding interest rates steady for much of 2025, the Federal Reserve closed out the year by trimming its benchmark rate three times between September and December. The central bank has now

IDFC First Bank has revised the interest rates on its savings accounts, with the new rates effective from January 9. The private sector lender has retained its distinctive progressive interest rate structure, under which different portions of a customer’s balance earn different rates, instead of applying a single rate to the entire amount.