Govt Discontinues 7.75% Taxable Retail Bonds from 28 May

The government will no longer sell its savings bonds that provided returns at 7.75 per cent (on a taxable basis), it said in a notification on...

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Debt markets may see rise in delinquencies and defaults; MFs at risk

As corporate earnings start to reflect the early pain from the coronavirus-induced lockdown, financial markets are yet to price in the deep impact,...

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Returns on PPF, NSC May be Lowered after RBI move

The government may be forced to lower interest rate on small savings schemes such as Public Provident Fund and NSC when it reviews them at the end of...

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Kisan Vikas Patra - Interest rate cut

The interest rate on KVP has been lowered to 7.6% for the September quarter, compared with 7.7% in the April-June period.

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Centre cuts interest on General Provident Fund by 10 bps to 7.9%

The government has cut the rate on the general provident fund by 10 basis points (bps) to 7.9% with effect from 1st July 1.

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DHFL defaults once more on commercial papers repayment

DHFL on Tuesday managed to only meet 40% of its 375 crore repayment commitment towards commercial paper repayment

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New Credit Rating norms prescribed by SEBI

The Securities and Exchange Board of India (Sebi) on Thursday prescribed guidelines including probability of default (PD) benchmarks in a bid to...

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PPF, Small Savings Scheme Interest Rates Left Unchanged

Interest rates on small saving schemes such as National Savings Certificate and Public Provident Fund will remain unchanged for the April-June...

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PPF and Sukanya Samriddhi interest rates unchanged

The interest rate on 1-year post office time deposits (POTD), a small savings scheme, has been increased by 10 basis points (bps) for the...

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State Bank of India increases fixed deposit interest rates by 5-10 bps

State Bank of India (SBI) increased fixed deposits (FD) rates by 5-10 basis points (bps) for various tenors

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