PNB FD interest rates: PNB hikes savings account, FD interest rates [ad_1] Punjab National Bank hikes savings account and fixed deposit interest rates on certain tenures for amounts below Rs 2 crore. The new rates are applicable from January 1, 2023, according to the PNB website. The bank had previously hiked FD interest rates on December 20, 2022. PNB savings ...

State-owned Indian Bank hikes lending rates by up to 25 basis points State-owned Indian Bank on Monday increased lending rates, including the marginal cost of funds-based lending rates (MCLR), by up to 25 basis points. The new rates are effective from January 3, Indian Bank said in a regulatory filing. The Asset Liability Management ...

Senior Citizen Savings Scheme interest rate hiked to 8%; eligibility, features, tax benefits [ad_1] [ad_2]

SBI, ICICI Bank, HDFC Bank remain systemically important banks: RBI The RBI on Monday said state-owned SBI, along with private sector lenders ICICI Bank and HDFC Bank continue to be Domestic Systemically Important Banks (D-SIBs) or institutions which are ‘too big to fail’. SIBs are perceived as banks that are ‘too big to fail (TBTF)’. ...

Earn up to 9.36% interest rate on this NBFC’s FDs [ad_1] Shriram Finance (SFL) has hiked fixed deposit interest rates across different tenures. The new rates on FDs are effective from January 1, 2023. Increase in interest rate On Shriram Unnati Deposits rates are hiked by 5 to 30 basis points(0.05% p.a. to 0.30% p.a.) across different tenures. Customers can ...

Was PPF interest rate hiked for the January-March 2023 quarter? [ad_1] One of the most preferred long-term savings and investment programmes is the PPF account, often known as the Public Provident Fund scheme, this is primarily because it combines safety, returns, and tax benefits. For the January-March 2023 quarter, the government increased the interest rates on a few small savings ...

Canara Bank plans to raise funds through sale of certificates of deposit MUMBAI (Reuters) – India’s Canara Bank plans to raise funds through the sale of certificates of deposit maturing in three months, three merchant bankers said on Monday. The state-run lender will offer a yield of 6.92% on the issue, for which it has ...

Latest PPF, Senior Citizen Savings Scheme, POTD, other small savings schemes interest rates| EconomicTimes [ad_1] Latest interest rate hike The government has hiked the interest rates of a few small savings schemes by between 20 bps and 110 bps for the January-March 2023 quarter. The interest rates of schemes like the Senior Citizen Savings Scheme, Monthly Income Savings Scheme, National ...

Central banks may reverse rate hikes in 2023 to escape slowdown: SBI Central banks across the globe may unwind the key interest rates as inflation starts to cool down and prospects of a slowdown become starker, the State Bank of India (SBI) said in a report, according to IANS. “With the prospect of a global ...

SBI, HDFC Bank, ICICI Bank FD interest rates vs Post Office Term Deposit rates [ad_1] In keeping with the economy’s rising interest rates, the government increased interest rates on several small savings deposits including post office term deposits for the January-March 2023 quarter. The government determines the interest rates for various savings schemes every three months. For those who are ...