Savings

So, for this quarter, investors will continue to earn 7.1% in Public Provident Fund (PPF), 7.4% in Senior Citizen Saving Schemes (SCSS), 6.8% in National Saving Certificate (NSC) and 7.6% …

New Delhi: In a relief to savers, Finance Minister Nirmala Sitharaman on Thursday said the government will withdraw orders to cut interest rate on small savings schemes and assured to …

On 31 March, the government slashed interest rates on small savings schemes. The Public Provident Fund (PPF) interest rate was cut from 7.1% to 6.4%. On 1 April, the Centre …

The government on Thursday withdrew its decision to lower the small savings rate for the April-June quarter. “Interest rates of small savings schemes of GoI shall continue to be at …

Finance Ministry on Wednesday has announced a cut in interest rates of small savings scheme. According to the circular by ministry, the rates of small savings schemes have been reduced …

“Even today, a disproportionate part of the PE and VC industry is foreign savings, while Indian savings are not getting enough channelised into these segments,” Kotak said. India needs to …

Nonetheless, households’ financial savings rate for Q2FY21 ruled higher than that of 9.8% witnessed in Q2FY20. The household financial savings rate slid to 10.4% of gross domestic product (GDP) — …

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American financial giant Vanguard Group said it made investment errors in several customers’ education-savings accounts. The asset manager steered more money to stock funds last year than it intended for …

In a bid to provide relief to Post Office Savings account holders, India Post has announced it will raise the withdrawal limit at Post Office GDS (Gramin Dak Seva) branches. …

Additionally, this platform offers all the features that would provide potential customers with a convenient, hassle-free and paperless banking experience from the comfort of homes. Federal Bank has announced the …

Have you changed your email ID recently? If yes, did you get it updated with your bank? If not, then do it as it will help you to keep a …

Cameron (L) and Tyler (R) Winklevoss. Adam Jeffery | CNBC Gemini, the cryptocurrency exchange founded by Tyler and Cameron Winklevoss, is launching a savings scheme for its U.S. users. From …

Drake is the man of his words and always looks out for his fans. Recently, the star helped to pay off a Toronto-based rapper’s debt and also doubled his savings. All …

If there’s one negative aspect to life at record low interest rates, it’s earning almost nothing on the cash you have saved at a bank. Certificates of deposit, or CDs, …

The government has held interest rates on small savings schemes unchanged for October-December 2020 even as banks have been on a rate-cutting spree, following the covid-19 crisis. The State Bank …

Chamath Palihapitiya speaking at the 2017 Delivering Alpha conference in New York on Sept. 12, 2017. David A. Grogan | CNBC Consumers have been sitting at home for months and …

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