Interest Rates In 2024 Uk And India. Gross is a contractual rate payable before deduction of. The bank started raising rates in december 2021 and has kept interest rates at 5.25% since last summer in an attempt to slow the pace at which consumer prices have been.

Annualised yield calculated on the maximum period under the respective period bucket. State bank of india provides information on the various interest rates offered by it on various loans and deposit schemes.