Tag: Interest rate

HDFC Bank’s special FD for senior citizens with higher interest rate will end soon: Check details
Posted in Finance

HDFC Bank’s special FD for senior citizens with higher interest rate will end soon: Check details

HDFC Bank’s special fixed deposit (FD) scheme for senior citizens with higher interest rate, called Senior Citizen Care, will end soon after multiple extensions. The…

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The interest rate on the one-year term deposit has been raised from 6.8% in Q1 (FY24) to 6.9% in Q2 (FY24). (PTI File Image)
Posted in Business

Interest rates for most popular small savings unchanged in Q2

NEW DELHI: The government has kept interest rates for small savings, such as senior citizens accounts, National Savings Certificates (NSC), Kisan Vikas Patra (Kavap) and…

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The Centre on Friday raised the interest rate on small savings schemes for July-September quarter by 10-30 basis points and now range from 4 per cent to 8.2 per cent.
Posted in Business

Centre hikes interest rates on small savings schemes for July-September quarter

The Centre on Friday raised the interest rate on small savings schemes for July-September quarter by 10-30 basis points and now range from 4 per…

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rbi: Indian firms exhibit viable debt servicing capacity despite rise in borrowing cost: RBI
Posted in Economy

rbi: Indian firms exhibit viable debt servicing capacity despite rise in borrowing cost: RBI

Indian companies except the ones in the telecom sector exhibited viable debt servicing capacity despite rise in their borrowing cost last year, the Reserve Bank…

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Posted in Economy

CAD shrinks to just 0.2% of GDP in the March quarter as trade deficit narrows

India’ external sector performance improved as the current account – net of export and import of goods and services, ended in a modest deficit of…

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S&P india growth forecast: S&P retains FY24 India growth projection at 6 pc, to be fastest growing in Asia Pacific
Posted in Economy

S&P india growth forecast: S&P retains FY24 India growth projection at 6 pc, to be fastest growing in Asia Pacific

S&P Global Ratings on Monday retained India’s GDP growth forecast at 6 per cent saying it will be the fastest growing economy among Asia Pacific…

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ecgc: Exporters with credit limit of up to Rs 50 crore to get 90% insurance cover: ECGC
Posted in Economy

ecgc: Exporters with credit limit of up to Rs 50 crore to get 90% insurance cover: ECGC

The Export Credit Guarantee Corporation (ECGC) plans to support exports worth Rs 10 lakh crore in FY24 from around Rs 6.8 lakh crore at present….

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Posted in Economy

Inflation: View: India’s inflation may have cooled but premature to bet on rate cuts

India‘s inflation may have dropped to its lowest in two years, but the optimism of softer interest rates may be premature as a myriad of…

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Posted in Economy

Advance tax Mop-up rises 15% in June qtr

New Delhi: India‘s advance tax collections for FY24 rose 15% in June quarter from a year earlier to ₹1.15 lakh crore, people aware of the…

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Savings account holders can earn FD like interest up to 7% with Kotak Mahindra Bank; Check details
Posted in Finance

Savings account holders can earn FD like interest up to 7% with Kotak Mahindra Bank; Check details

Kotak Mahindra Bank has announced the launch of its ActivMoney feature, which provides users with FD-like interest rates of up to 7% per annum, according…

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