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SUKANYA SAMRIDDHI YOJANA INTEREST RATE
Can NRIs open Sukanya Samriddhi Yojana account offering 8.2% interest rate?Sukanya Samriddhi Yojana provides a favorable tax regime for parents budgeting for their daughters. Only resident Indian girls aged below t...
Highest FCNR (B) FD interest rates for NRIs: PNB offers 6.50%, compare SBI, HDFC Bank, ICICI Bank, Axis Bank and Kotak Mahindra Bank rates
Dollar drops as weak US jobs data pushes out Fed hike expectationsThe US dollar lost ground against key currencies due to unexpected job losses in July, raising fears about economic stability. As a result,...
Good news for HDFC Bank borrowers: Lending rates reduced across multiple tenures; check latest listIn a strategic move, HDFC Bank has reduced its MCLR rates across various tenures by as much as five basis points, effective from August 7, ...
RBI's Rate Pause Sustains Steady Momentum in Residential Real EstateIndia's residential property sector remains robust, driven by consistent demand and advancements in infrastructure. The Reserve Bank of Ind...
Can NRIs invest in RBI Floating Rate Savings Bonds offering 8.05% interest rate?Non-Resident Indians (NRIs) are prohibited from making new investments in RBI floating rate savings bonds; however, those who are existing ...
Mortgage rates hit highest level in over a year. Here's what it means for homebuyers in the USUS mortgage rates have climbed for five consecutive weeks, reaching a yearly high. This trend makes homeownership increasingly difficult fo...
New framework to standardise interest rate rules on the anvil, says RBIThe Reserve Bank of India plans to standardize interest rate rules for all regulated entities. This new principle-based framework aims to i...
CREDAI, NAREDCO hail RBI policy, stable home loan interest rate to help sustain housing demandRealtors welcomed the Reserve Bank of India's decision to maintain the repo rate. This stability in home loan interest rates is expected to...
RBI MPC: Home loan borrowers can breathe a sigh of relief, but how long their good days will last?RBI repo rate: The Reserve Bank of India has maintained its repo rate at 5.25%, providing ongoing relief for home loan borrowers. This deci...
7% savings account interest rate: This bank hikes rates across balances; new rates applicable from August 1, 2026Savings account interest rate: Unity Small Finance Bank has recently announced a new interest rate of 7% on savings accounts, with even hig...
RBI policy: Will high-interest rate cycle return for FD investors as RBI holds repo rate amid rising inflation?RBI MPC repo rate: The Reserve Bank of India maintained its repo rate at 5.25 percent today. Inflation is nearing the upper tolerance band,...
Will FD investors get higher interest rates as Iran-US war continues and inflation shoots?Rising inflation and increased credit demand are pushing banks towards higher fixed deposit rates. Banks are also facing competition from s...
RBI provides banks greater flexibility to determine bulk deposit interest rates; changes effective from October 1, 2026New Reserve Bank of India rules will change bank deposit interest rate disclosures starting October 2026. Banks will gain flexibility in se...
RBI likely to hold repo rate at 5.25%, market to focus on policy guidance: NuvamaThe Reserve Bank of India will likely keep its repo rate unchanged at 5.25 percent. Policymakers are expected to adopt a cautious wait-and-...
GPF interest rate for government employees: Has Finance Ministry changed GPF rate from 7.1% for July-September 2026 quarter?The Ministry of Finance has announced the GPF interest rate for the upcoming quarter. General Provident Fund and similar government funds w...
Delhi Lakshmi Yojana: Only Rs 1,000 in hand, rest earmarked for savings accountUnder the proposed Delhi Lakshmi Yojana, women beneficiaries will receive only ₹1,000 in cash from the promised ₹2,500 monthly assistance, ...
SSY interest rate: How much should you invest to build a Rs 50 lakh corpus?
RBI seeks banks’ views on introducing education savings plan with better returnsThe Reserve Bank of India is exploring a new savings product for education. Banks are discussing this proposal and will submit their recomm...
Sukanya Samriddhi Account interest rate: How you can create Rs 50 lakh corpus for your girl childSSY interest rate: The Sukanya Samriddhi Account offers an 8.2% annual interest rate, compounded yearly. Parents can invest up to Rs 1.5 la...