EPFO interest rates to be raised to 8 6%
EPFO hikes interest rate on PF deposits for 2018-19 | Mantavya News
EPFO hikes interest rate on PF deposits for 2018-19
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Watch EPFO hikes interest rate on PF deposits for 2018-19 | Mantavya News With HD QualityBy Mantavya News | 514 views
Over 6 crore EPFO members will get 8.65% interest for 2018-19: Labour minister Gangwar
Labour Minister Santosh Gangwar on Tuesday said over 6 crore EPFO members will get 8.65 per cent interest on their deposits for 2018-19. The Central Board of Trustees -- the apex decision-making body of the Employees' Provident Fund Organisation (EPFO) -- had approved 8.65 per cent interest rate for the last fiscal in February this year. The proposal was sent for the concurrence of the finance ministry.
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SBI cuts deposit rates, keeps lending rates unchanged
The State Bank of India cut interest rates on deposits across all maturities on Monday but analysts said it would take time for the country's largest bank to make matching cuts in its lending rates.
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Repo-linked interest rates mandatory: What does RBI's move mean for borrowers | Economic Times
The Reserve Bank of India (RBI) has made it mandatory for banks to link loans to retail customers and MSMEs to external interest rate benchmarks in a big push to make transmission of monetary policy more effective. Home and car loan rates, along with those for personal travel, are expected to fall, benefiting borrowers. Watch this video to know more. (Text: ET Bureau)
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Govt cuts interest rates on small savings schemes, PPF hits 46 year low of 6.4%
Government has announced a cut in interest rates of small savings schemes. As per a finance ministry circular, dated March 31, 2021, interest rates on small savings schemes have been cut by massively between 40 -110 basis points (100 basis points/bps = 1%) for the first quarter of the financial year 2021-22. The PPF interest rate below 7% would be the first time since 1974, a 46 year low.
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Govt cuts interest rates on small savings schemes, PPF hits 46 year low of 6.4%By The Economic Times | 172 views
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