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Q: What are the features of deregulated interest rates?
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Who decides the saving account interest rate in banks in India?

Primarily RBI holds the power in deciding the interest rates along with other banks which are associated with this regulatory body. Up until late 2011, RBI Decided the Interest rates that banks offered on Savings Account. However, recently the RBI Deregulated this policy and gave banks the freedom to set their own interest rates on savings accounts provided they gave a minimum of 4% on them


What are the average interest rates on student loans at Sallie Mae?

Sallie Mae offers student loans to qualifying students attending qualifying schools. The interest rates of the loans vary on the student and loan amount. Sallie Mae offers fixed and variable interest rates. These interest rates are also subject to change. The Sallie Mae website features tools which can help determine the interest rates. Again, average interest rates are determine by loan amount, the school, and the length of the loan. Therefore, there is no standard "average" interest rate.


What are some features of top savings accounts?

Some features of top savings account are low interest rates, easily accessible accounts, fixed rates, ethical savings, advice, and go out of there way to protect your savings.


When we talk of interest rates are these the borrowing rates or the lending rates?

When we talk of interest rates , we are talking of the interest rate on the total amount of money borrowed by a person.


Is prime rates the same as interest rates?

Prime rates are the interest rates most banks charge their customers for loans while interest rates are the rates charged to borrow money and come in many forms.


Is the price at which bonds sell determined by the interaction of stated rates of interest and market rates of interest?

Yes, the price at which bonds sell are determined by the interaction of stated rates of interest and market rates of interest.


How beneficial are CD interest rates?

What is beneficial about CD interest rates is that they are constant for the specified period of time. Sometimes interest rates can go up or down but CD interest rates would stay the same.


What are some of the key features of ISA savings accounts?

One of the key features of an ISA savings account is that the account is protected from the taxman in the UK. Generally, these accounts have favorable interest rates.


Do interest rates rise when inflation declines?

Interest rates are simply the price of money. When inflation declines, interest rates typically decline also.


What is the benefit of fixed deposit interest rates?

Fixed deposit interest rates is a guaranteed interest rate for the entire term of an investment. They allow for the customer to earn high interest rates.


How do financial institutions calculate interest rates?

Financial institutions base their interest rates on fluctuation of today's market. If the market is doing well then interest rates are high. If the market is down, interest rates goes down along with it.


What are the features of a Structured Annuity?

Some features of a structured annuity include: periodic payments instead of lump sum payments, reduced legal fees and court costs, and higher interest rates.