BANK INTEREST RATE

Government Revises Rate Of Interest On Deposits Under Special Deposit Scheme

Government Revises Rate Of Interest On Deposits Under Special Deposit Scheme

Notification Dated 3rd January 2022 Ministry of Finance, Department of Economic Affairs The notification reads as under: It is hereby notified that the deposits made under the Special Deposit Scheme for Non Government Provident, Superannuation and Gratuity Funds, announced in the Ministry of Finance (Department of Economic Affairs) Notification No. F. 16(1) PD/75 dated 30th …

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Reserve Bank of India imposes monetary penalty on State Bank of India

State Bank of India cuts home loan rates to 6.7 per cent

The offer will be available till 31st March of 2021 and the lender is also given 100% waiver on the processing fee. Customers can also apply online the ease of their home via YONO App to get additional interest concession of 5 bps. On the eve of International Women’s day, a special 5 bps concession …

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RBI asks HDFC to stop new digital business launches and avoid adding new Credit Card customers

RBI announces monetary policy; No changes in Interest rate & Reverse Repo rate

The Reserve Bank of India in its bi-monthly Monetary Policy statement issued today has maintained a status quo keeping the key interest rates unchanged. The reverse repo rate remains unchanged at 3.35 per cent, the repo rate at four per cent. The Monetary Policy Committee has also decided to maintain its accommodative stance as long …

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