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Govt hikes interest rate on SDS to 8.8% for 2012-13
May 24, 2012 at 15:00 | Source: PTI
The government has increased interest rates on Special Deposit Scheme (SDS) and State Provident Funds for the year 2012-13 to 8.8% from 8.6% currently.
NAVs fell as market decline led by depreciating rupee
May 23, 2012 at 09:52 | Source: Moneycontrol.com
The markets fell as much as 1.1% as the falling rupee weighed on investor sentiment. All Equity and Balanced funds ended with negative returns recording few gainers. Meanwhile Debt funds continue to deliver good performance.
SBI hikes rates by 75-175 bps in its FCNR and RFC deposits
May 07, 2012 at 13:32 | Source: Moneycontrol.com
Indias largest lender by asset size, the State Bank of India on Monday hiked its interest rates on foreign currency and resident foreign currency deposit schemes in the range of 75-175 basis points.
EPFO may provide 8.6% interest rate for 2012-13
Apr 05, 2012 at 16:39 | Source: PTI
Faced with criticism for slashing interest rate on deposits by 1.25% for 2011-12, the retirement fund body EPFO may raise it to 8.6% for this fiscal to benefit about 5 crore subscribers.
Federal Bank hikes interest rate on term deposits by 25 bps
Apr 03, 2012 at 17:44 | Source: Moneycontrol.com
Kerela-based Federal Bank on Tuesday hiked the rate of interest for one year short term deposit scheme by 25 basis points to 10%. Both resident and non-resident customers can avail this higher rate. The new rate is effective from April 03 onwards.
Interest rates on small savings schemes hiked by up to 0.5%
Mar 27, 2012 at 10:00 | Source: PTI
The government today raised interest rates on post office-operated small savings like Monthly Income Scheme (MIS) and Public Provident Fund (PPF) by up to 0.5%, making them more attractive to investors.

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