Mar 31, 2021 08:14 PM IST
The Ministry of Finance on March 31 announced a cut in interest rates in a host of schemes including small savings deposit rate, Senior Citizen Savings Scheme and Public Provident Fund Scheme.
- Oct 07, 2017 02:14 PM IST
Aadhaar is now mandatory for all post office deposits, the public provident fund (PPF), the national savings certificate (NSC) scheme and the Kisan Vikas Patra (KVP). The Finance Ministry has issued four separate notifications, declaring Aadhaar is mandatory for the schemes. Existing depositors have been given time till December 31, to provide the 12-digit unique identification number. In an interview to CNBC-TV18, Sanjay Hegde, Senior Lawyer at Supreme Court discussed the ramifications of this move.
- Mar 31, 2017 11:58 AM IST
For April-June, these have been lowered by 0.1 per cent across the board compared to January-March. However, interest on savings deposits has been retained at 4 per cent annually.
- Jan 02, 2017 01:28 PM IST
Since April last year, interest rates of all small saving schemes have been recalibrated on a quarterly basis. For the January-March quarter, these have been kept unchanged compared with the October-December quarter.
- Nov 18, 2016 09:14 AM IST
The guidelines aim to ensure that all securities transactions made by employees in their personal capacity are conducted in such manner as to avoid any actual or potential conflict of interest or any abuse of an individual's position of trust and responsibility.
- Sep 29, 2016 09:58 PM IST
Interest rates on small savings schemes have been reduced marginally by 0.1 per cent for the October-December quarter of 2016-17, leading to lower returns on Public Provident Fund, Kisan Vikas Patra, Sukanya Samriddhi Account, among others.
- Jul 07, 2016 08:12 PM IST
Reserve Bank on July 7 notified the interest rates for different small savings schemes for the quarter ending September
- Jun 20, 2016 07:34 PM IST
Government has kept interest rates unchanged for various small savings schemes for the July-October quarter of 2016-17 fiscal
- Mar 21, 2016 03:20 PM IST
According to the Japanese financial services major, lower small savings rates, along with marginal cost-based pricing of loans from April this year should facilitate an improvement in monetary policy transmission from April-June period onwards.
- Mar 20, 2016 04:28 PM IST
The Reserve Bank of India is scheduled to announce its first bi-monthly monetary policy for 2016-17 on April 5.
- Mar 18, 2016 07:30 PM IST
In a move that will hit the common man, the government today slashed interest rates payable on small savings including PPF and Kisan Vikas Patra (KVP) in a bid to align them closer to market rates.
- Apr 21, 2015 02:15 PM IST
The interest rate for GPF is in line with the interest rate fixed for Public Provident Fund (PPF) at 8.7 percent for 2015-16. The government had, however, raised the interest rates for other small saving schemes.
- Mar 31, 2015 07:20 PM IST
The government today announced key small savings rates for the new fiscal, 2015-16, that starts from tomorrow (April 1).
- Dec 01, 2014 03:46 PM IST
KVP would double your money in 100 months or 8 Yrs 4 months. This is a good saving scheme for those who are looking for high safety and want to double their money.
- Nov 21, 2014 10:00 AM IST
Ajay Srivastava is bullish on cement, tyre, IT and pharma space. Among stocks, Srivastava likes JK Lakshmi, Shree cement, Sun Pharma, Lupin, Tech Mahindra, Infosys and Oracle.
- Nov 18, 2014 01:14 PM IST
Talking about the features of the instrument, Finance Minister Arun Jaitely said this simple product would be a bearer instrument without name of the holder in the first phase.
- Jun 07, 2011 09:56 PM IST
A government committee has suggested raising interest rates on Post Office savings bank deposits to 4%, a suggestion that could benefit lakhs of small depositors.