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Small savings schemes

29 Sep 2023

Centre Announces Interest Rate For Small Savings Schemes For October Quarter

This decision will directly impact millions of citizens across India who have invested in various small savings schemes. Some popular schemes include the Senior Citizen Savings Scheme, Monthly Income Account Scheme, National Savings Certificate, Public Provident Fund Scheme, Kisan Vikas Patra, Sukanya Samriddhi Account Scheme, among others.

22 Sep 2022

Rupee slides to 80 mark again following US Fed rates hike

Indian stocks declined, though marginally, on Thursday morning Following US FED rates hike. Raising interest rates is a monetary policy instrument, helping the inflation rate decline. Indian currency rupee breached the psychologically crucial 80 mark again to touch 80.44.

10 Aug 2022

Yes Bank Fixed Deposits' interest rates changes: Check out revised rates

New Interest rates on deposits below 2 crore will be effective from 10 August. Yes Bank gives 0.50 bp additional rates on normal interest rate for senior citizens. Fixed Deposits in Yes Bank are available between minimum 7 days to maximum 10 years.

25 Feb 2022

Bank of Baroda revises FD rates; check latest fixed deposit rates

For fixed deposits maturing in 7 days to 45 days, Bank of Baroda is offering an interest rate of 2.80%. FDs with a term period of 46 days to 180 days will attract an interest rate of 3.7%. FDs maturing in 181 days to 270 days, investors can receive an interest rate of 4.30%.

Post Office saving schemes

14 Dec 2021

THESE Post office schemes will double your money: Check interest rates

A one-year to three-year Post Office Time Deposit (TD) now pays 5.5 percent interest. Because there is only a 4.0 percent interest rate available, your money will double in 18 years. The current rate of interest on Post Office Recurring Deposits (RD) is 5.8%.

15 Oct 2021

THESE banks offer up to 6.75% interest on FDs: Details here

Section 80C of the Income Tax Act allows for tax deductions on investments up to Rs 1.5 lakh. Suryoday Small Finance Bank pays up to 6.75 percent interest on tax-saving deposits. Yes Bank is giving up to 6.5 percent return on tax-saving deposits.

savings account

25 Sep 2021

THESE 5 banks offer 7% interest rate on savings accounts

According to statistics provided by BankBazaar, small finance institutions are offering greater interest rates in the face of dropping interest rates. To attract new retail customers, small finance banks are giving greater interest rates on savings accounts.

10 Jun 2021

THESE 5 things are becoming costlier with petrol/diesel hike

The daily smaller revisions in the prices of petrol and diesel have resulted in a snowball effect. The prices of essential commodities have increased by more than 2x. The rise in petrol prices is leading to a hike in transportation costs.

08 Jun 2021

THESE Banks offer maximum interest rates on savings account

RBL Bank offers a good interest rate of 4.50% per annum to 6.25% on daily balance. Bandhan Bank provides 3.0 per cent per annum to 6.0 per cent per annum interest rates. IndusInd Bank savings account interest rate comes in the range of 4 per cent to 5.50 per cent up to Rs 1 crore daily balance.

03 Apr 2021

SBI FD vs Post office deposit rates 2021: Check interest rates here

One such scheme is Post Office term deposit schemes which are almost similar to bank FDs and it witnesses a quarterly revision of rates. The government withdrew the decision of bringing down the rate of interest on Small Savings Schemes and thus, it will remain unchanged.

fixed deposits for senior citizens

26 Mar 2021

Special FD scheme for senior citizens ends on March 31: Check the offers

Known as HDFC Senior Citizen Care, HDFC Bank’s scheme gives a 75 bps higher interest rate. Called ICICI Bank Golden Years, this bank gives an 80 bps higher interest rate on the deposits. Bank of Baroda gives 100 bps higher on the deposits.

07 Mar 2021

Home loan interest: SBI, Kotak Mahindra Bank, HDFC slash rates

The rate war also comes on the back of continuous prodding by the monetary authority which has slashed the repo rates by a whopping 200 bps since March 2020 to 4 percent to help revive the economy ravaged by the pandemic, but still, credit demand remains under 6 percent. According to the RBI data, home loan growth decelerated in FY21 due to the pandemic, though the decline in fact began in March 2020. Unlike personal loans, housing loans involve collateral. In case of default, banks can seize the asset and auction it off.

18 Jun 2019

Top private sector banks cut interest rates on deposits by up to 0.25%

Generally, an interest rate cut in deposits is seen as a precursor to a lending rate cut. The moves by lenders including ICICI Bank and Axis Bank come amid easing liquidity conditions and also within days of a rate cut by the Reserve Bank earlier this month.

17 Jan 2019

Modi government's action plan for Farmer

Modi Government may announce a new scheme for Farmers, According to Reuters, Farmers may get loans without any interest rate.

17 Jan 2019

Morning Breaking: Watch top news stories of the day, January 17th, 2019

This segment of Zee News brings to you top stories of the day. Watch this video to know more.

Modi government

17 Jan 2019

Modi Government may announce new scheme for Farmers

Modi Government may announce a new scheme for Farmers, According to Reuters, Farmers may get loans without any interest rate.

Modi government

17 Jan 2019

Morning Breaking: Modi Government may announce new scheme for Farmers

Modi Government may announce a new scheme for Farmers, According to Reuters, Farmers may get loans without any interest rate.

Small savings schemes

12 Feb 2018

Interest rates vary on Small savings schemes, SCSS – Know here

The revision in interest rates does not affect old investments except for PPF and SSY.

03 Oct 2017

RBI monetary policy: MPC meet begins; industry, govt want rate cut

The fourth bi-monthly monetary policy statement for 2017 -18, to be released on Wednesday, is being keenly awaited by all stakeholders -- especially the industry which has been demanding for lower interest rates.

04 Sep 2017

RBI to stay on hold even after disappointing GDP data: Nomura

From the RBI's perspective, the GDP data are disappointing, but the current slowdown is largely due to GST, which should be seen as transitory, Japanese financial services major said, adding the cash-intensive sectors like trade, transportation and construction are rebounding.

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