interest rates Archives

Govt. hikes interest rates on most small saving schemes for June quarter, barring PPF

March 31, 2023March 31, 2023cpooldigitalLeave a Comment

Image used for representational purpose only. | Photo Credit: Getty Images The government has left the rates on Public Provident Fund (PPF) unchanged at 7.1% for the April to June 2023 quarter, while raising the returns on Sukanya Samriddhi Account from 7.6% to 8%, the National Savings Certificate from 7% to 7.7% and Kisan Vikas […]

Interest rates on most small saving schemes, except PPF, hiked for June quarter

March 31, 2023March 31, 2023cpooldigitalLeave a Comment

PPF, Sukanya Samriddhi Account interest rate hike may remain elusive

March 27, 2023March 27, 2023cpooldigitalLeave a Comment

PPF and Sukanya Samriddhi Account unlikely to get higher returns anytime soon. Investors in the popular small saving schemes Public Provident Fund (PPF) and Sukanya Samriddhi Account (SSA), whose rates have not been hiked since January 2019, are unlikely to get higher returns anytime soon, a top government official has indicated. This is because the […]

Interest rates on eight small savings schemes raised from January 1, 2023; PPF rate unchanged

December 30, 2022December 30, 2022cpooldigitalLeave a Comment

Customers wait to deposit their money at a post office in New Delhi. Image for representation only | Photo Credit: Reuters The government has raised interest rates on eight of the 12 small savings schemes by 0.2% to 1.1% for the January to March 2023 quarter, but left the returns on Public Provident Fund (PPF) […]

IMF chief wants central banks to keep raising rates to hit ‘neutral’ level

October 26, 2022October 27, 2022cpooldigitalLeave a Comment

‘It would take until 2024 for the positive effect of central banks raising rates globally to be felt,’ said International Monetary Fund chief Kristalina Georgieva ‘It would take until 2024 for the positive effect of central banks raising rates globally to be felt,’ said International Monetary Fund chief Kristalina Georgieva International Monetary Fund chief Kristalina […]

Investing | Why young India needs to dial down

September 9, 2022September 9, 2022cpooldigitalLeave a Comment

The crypto crash in May has young investors re-thinking their views on risk and reward, but there is much that they need to keep in mind before ‘return chasing’ again. Experts weigh in The crypto crash in May has young investors re-thinking their views on risk and reward, but there is much that they need […]

The U.S. Fed’s long shadow on central banks around the world

August 30, 2022August 30, 2022cpooldigitalLeave a Comment

Over the weekend the American central bank indicated quicker tightening than expected — this makes emerging market economies, especially low-income ones, vulnerable Over the weekend the American central bank indicated quicker tightening than expected — this makes emerging market economies, especially low-income ones, vulnerable High inflation has become a headache for the U.S. economy. Its […]

HDFC raises lending rate by 5 basis points; EMI to rise for existing borrower

May 1, 2022May 2, 2022cpooldigitalLeave a Comment

The rate increase is in line with other lenders, including the State Bank of India and Bank of Baroda The rate increase is in line with other lenders, including the State Bank of India and Bank of Baroda Mortgage lender HDFC Ltd on Sunday raised its benchmark lending rate by 5 basis points, a move […]