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 ...
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Was PPF interest rate hiked for the January-March 2023 quarter?
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 ...
Read More »Canara Bank plans to raise funds through sale of certificates of deposit
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 ...
Read More »Latest PPF, Senior Citizen Savings Scheme, POTD, other small savings schemes interest rates| EconomicTimes
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 ...
Read More »Central banks may reverse rate hikes in 2023 to escape slowdown: SBI
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 ...
Read More »SBI, HDFC Bank, ICICI Bank FD interest rates vs Post Office Term Deposit rates
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 ...
Read More »Govt may tweak rules for long-term cap gains tax
Govt may tweak rules for long-term cap gains tax [ad_1] (This story originally appeared in on Jan 02, 2023) MUMBAI: There are indications that the government may rationalise the long-term capital gains (LTCG) structure in the forthcoming Budget. If done, it could bring parity between same asset classes — both in terms of tax rates and duration of holding. Currently, ...
Read More »Rupee at 82.5750, gains on speculators bets, lack of cash dollar demand
Rupee at 82.5750, gains on speculators bets, lack of cash dollar demand By Nimesh Vora MUMBAI (Reuters) – The Indian rupee was trading higher against the U.S. dollar on Monday, helped by likely position building and lack of cash dollar demand, traders said. The rupee was at 82.5750 per U.S. dollar by 10:50 a.m. ...
Read More »PMVVY Deadline: Last date for higher EPS pension, PAN-Aadhaar linking, investing in PMVVY, other money deadlines of 2023
PMVVY Deadline: Last date for higher EPS pension, PAN-Aadhaar linking, investing in PMVVY, other money deadlines of 2023 [ad_1] We would not want to repeat the mistakes of the previous year in the new year. This is especially true of things related to money. To keep you on top of your money game, we have collated a list of the ...
Read More »10 smart money moves to improve your finances, make you richer in 2023
10 smart money moves to improve your finances, make you richer in 2023 [ad_1] After a volatile year for stock markets, unexpectedly great returns from gold and property and tepid returns from debt instruments, investors are filled with cautious optimism about the new year. ET Wealth reached out to experts to know what investors should do in 2023 to get ...
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