Tag: 2021-22, India, Interest Rates, Ministry of Finance, Q2, Small Savings Schemes
Small Savings Schemes Interest Rates
In a huge relief to small investors, the Centre has kept interest rates on small savings schemes, including NSC and PPF, unchanged for the...
Home Loans: Floating vs. fixed interest rate….
The decision to choose between a floating rate and fixed rate has always been an important one for borrowers. WHAT IS A FIXED RATE OF...
Real returns turn negative
A sharp fall in deposit rates due to aggressive rate cuts by banks in response to the reduction in the benchmark rates by the RBI coupled...
PPF to fetch 7.1%, NSC 6.8%
Your money in small savings schemes, such as public provident fund, would fetch you much lower rates of return in the first quarter of...
EPFO reduces interest rate
Retirement fund body Employees Provident Fund Organisation lowered the interest rate on deposits to 8.50 per cent for the current financial...
The Scare of falling FD & Savings Account returns
Fixed deposit holders are likely to look for alternate investment avenues after the fourth cut in deposit rates by the State Bank of India...
Banks Start Linking Loans to Customers’ Risk Profile
Three public-sector lenders — Bank of Baroda, Union Bank of India and Syndicate Bank — have taken the first steps in transparently...
Real returns from FDs at 7-year high
With inflation undershooting the monetary policy committee’s target band and persistently high deposit rates, real returns from fixed...
RBI cuts lending rate
In the first interest rate cut in 18 months, the RBI shed its hawkish stance to reduce policy rates in the maiden policy meeting...
