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Rupee on Monday made a strong comeback from its life-time low of 70.15 against the dollar and ended with a stellar 33 paise gain at 69.82 on heavy dollar unwinding and a robust rally in domestic equities. (Representational image)

Govt hikes GPF interest rate to 8 per cent for Oct-Dec quarter

Interest rate would apply on Provident Funds of central govt employees, railways and defence forces.

16 Oct 2018 4:02 PM IST

The finance ministry said that the bill is far more depositor-friendly than in many other countries which provide for statutory bail-in without consent of creditors and depositors.

Small Savings Act amended to allow flexibility to investors

No change in interest rate or tax policy on small savings scheme is being made through this amendment.

14 Feb 2018 10:07 AM IST

Savings serve as a form of self-insurance and enhance the sense of well-being.

PPF plans won't lose protection

The ministry said this protection would continue under the new law also.

14 Feb 2018 1:09 AM IST

UIDAI said it would add face recognition software as an additional layer of security from July.

Mira-Bhayandar in Aadhaar conundrum

However, only 12 were approved, out of which a mere two are in a position to provide services by UIDAI's empanelled...

9 Feb 2018 3:00 AM IST

The move is expected to prompt banks to lower the deposit rate in line with the small savings rate as offered by the government.

PPF, Sukanya Samriddhi Scheme remain attractive, interest rates kept...

The interest rates on Sukanya Samriddhi account remain unchanged at 8.5 per cent.

30 March 2019 1:27 PM IST

Savings serve as a form of self-insurance and enhance the sense of well-being.

Small savings schemes: Govt keeps interest rates unchanged for...

Interest rate for the five-year Senior Citizens Savings Scheme has been retained at 8.7 per cent.

29 March 2019 4:16 PM IST

Employees Provident Fund Organisation

Govt retains General Provident Fund interest rate at 8 pc for Apr-Jun...

GPF ratr will be applicable on provident funds of central government employees, railways and defence forces.

10 April 2019 2:10 PM IST

In a jolt to savers, the Finance Ministry on Wednesday had reduced interest rate by up to 1.1 per cent across various small savings schemes. (LSTV/PTI File Photo)

Government withdraws cut in rate on small savings schemes

Orders issued by oversight shall be withdrawn, Sitharaman said in a early morning tweet

1 April 2021 9:47 AM IST

The government notifies the interest rate on small savings schemes, majorly operated by post offices, every quarter.

Government Increases Interest Rate on 5 Year Recurring Deposit Scheme

The interest rate on the popular girl child scheme Sukanya Samriddhi Account has been retained at 8 per cent

30 Sept 2023 1:00 AM IST

ICICI Banks USD 7.5 billion global medium-term notes programme.

ICICI launches instant online overdraft facility for MSMEs

ICICI also introduced instant disbursal of personal loans through ATMs as well as digital enrolment for NPS.

14 March 2018 11:49 AM IST

Finance minister Arun Jaitley speaks during a press conference in New Delhi. (Photo: PTI)

Finance Ministry hikes interest rates on small savings

As per the finance ministry notification, the interest rate on popular PPF has been increased to 8 per cent for the...

21 Sept 2018 1:34 AM IST

The move is expected to prompt banks to lower the deposit rate in line with the small savings rate as offered by the government.

Govt slashes small savings rates by 0.1 per cent

The investment on 5-year Senior Citizens Savings Scheme will yield 8.3 per cent.

30 Jun 2017 5:34 PM IST