Tag: interest rates
Post Office Small Saving Schemes-New Interest Rates
On March 26, 2012, the Finance Ministry has provided a ‘pleasant gift’ to small investor by providing increased rate of interest in Post Office ‘Small saving Schemes’, such as NSC, PPF, SCSS -04 schemes which also help in saving income tax. Also, the ministry has increased on other ongoing schemes such as 1/2/3/5 yr TD, [...]
Post Office Schemes
Government has announced on 11.11.11 (November 11, 2011) the increase in interest rates of small saving schemes of Post Office called National Small Savings Fund (NSSF) under its all the running schemes. This will benefit small investor who was primarily inclined towards these schemes with 100% safety views. This will also help government making inflow [...]
Mid Quarter Indian Monetary Policy Review June
Reserve Bank of India moterary policy has recently announced quarterly monetary policy of India. L&T Finance holdings Ltd. has reviewed it as follows: RBI, in its mid-quarter policy review, increased the repo rate by 25bps to 7.50%; Reverse repo rate and Marginal standing facility (MSF) rate now stands at 6.50% and 8.50%, respectively. CRR and [...]
HDFC revises deposit rates
HDFC has further reduced its interest rates. Now, it is offering 7.65% p.a. for 24-35 months, 7.90%p.a. for 36-59 months and 8.25 for 64-85 months deposits. All details are attached. Click the image to see all offered rates. Meanwhile, Individual companies are offering better interest rates that can be seen on www.moneyvriksh.com/fixeddeposits
HDFC again reduced interest rates
For the second time in May, HDFC has reduced interest rates for its term deposits. The new deposit rates mentioned above are effective from 19th May, 2009
HDFC reduced deposit rates
In view of further softening of interest rates in the economy, HDFC has reduced its deposit rates with effect from May 08, 2009. New rates are as above.
