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Interest Rates

PPF, NSC, SCSS, Post Office Schemes Interest Rates Stay Unchanged

Dec 31, 2021 Outlook Money Team

As per the latest circular of the government, the interest rate on small sav-ings schemes, including PPF, NSC, SCSS and post office deposits, will remain unchanged for the fourth quarter of the financial year 2021-22, ending March 31, 2022.

PPF, NSC, SCSS: Falling Interest Rates in 2021 Hit Senior Citizens Hard

Dec 18, 2021 Meghna Maiti

Falling interest rates in small savings schemes such as PPF, NSC and SCSS can leave senior citizens with a lower retirement corpus and regular income.


Should You Invest In Corporate Fixed Deposits?

Corporate FDs are offering higher returns than bank FDs, but they are also riskier.

Your FD Real Returns May Have Turned Negative After RBI Slashes Inflation Projection By 40 Percentage Points

Oct 20, 2021 Pushpita Dey

With FD rates at an all-time low, inflation and tax outgo will erode your investment. This may hit senior citizens the most.


Four Things To Keep In Mind Before Going For A Car Loan

Zero down on the loan amount and tenure to ensure you can afford the EMIs

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06 August, 2021

RBI Keeps Policy Rate Unchanged For 7th Time In A Row; Repo Retained At 4%

PTI

Monetary Policy Committee (MPC) decided to maintain status quo, that is keeping benchmark repurchase (repo) rate at 4 per cent, RBI Governor Shaktikanta Das said while announcing the bi-monthly monetary policy review.


16 June, 2021

US: As Markets Remain Unperturbed By Inflation, White House Sees No Cause For Alarm

Associated Press (AP)

As of Monday, the 5y5y was trading at 2.28per cent, an indication that annual inflation will be close to the Federal Reserve's 2per cent target.


01 April, 2021

'Issued By Oversight': Govt Withdraws Order Slashing Rates For Small Saving Schemes

Outlook Web Bureau

The announcement was made by Union finance minister Nirmala Sitharaman on Twitter.


31 March, 2021

Government Slashes Interest Rates On Small Savings Schemes; PPF Rate Lowered To 6.4%

Outlook Web Bureau

This is the first time in 46 years that the interest rate of the PPF has gone below the 7 percent-mark.


23 March, 2021

Can't Extend Loan Moratorium Period Beyond August 31: Supreme Court

Outlook Web Bureau

The Supreme Court bench of Justices Ashok Bhushan, R Subhash Reddy and MR Shah were hearing a batch of petitions on whether to waive interest payments on coronavirus support loans in a move that could give relief to millions of people.


31 January, 2021

RBI Likely To Maintain Status Quo On Interest Rate, Say Experts

PTI

The RBI had last revised its policy rate on May 22, in an off-policy cycle to perk up demand by cutting interest rate to a historic low


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24 October, 2020

Diwali Gift: Govt Waives Interest On Loans Up To Rs 2 Crore

PTI

As per the guidelines, the scheme can be availed by borrowers in specified loan accounts for a period from March 1 to August 31, 2020.


07 May, 2020

SBI Cuts Benchmark Lending Rate By 0.15%, Loans Likely To Get Cheaper

PTI

SBI also introduced special deposit scheme for senior citizens with higher interest rate.


01 April, 2020

Lower Interest Rates On Savings & Provident Funds Might Push Investors To Seek Alternate Avenues

Lola Nayar

The PPF interest rate of 7.1 per cent, down from 7.9 per cent, is the lowest in four decades, and the fixed and recurring deposit rates are the lowest since 1991.


01 April, 2020

Govt Cuts Interest Rates On PPF, Other Small Savings Schemes

Outlook Web Bureau

The interest rate on the five-year term deposit has been reduced to 6.7 per cent from current rate of 7.7 per cent.


06 February, 2020

RBI Keeps Key Lending Rate Unchanged At 5.15%

PTI

The RBI retained GDP growth at 5 per cent for 2019-20 and pegged it at 6 per cent for the next fiscal.


09 October, 2019

SBI Cuts Lending, Deposits Rate

Outlook Web Bureau

While the MCLR reduction is effective October 10, the revision in savings bank deposits rates will be from November 1, the bank said in a statement.


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07 August, 2019

RBI Cuts Repo Rate By 35 Basis Points To 5.40%, EMIs Set To Get Lower

Outlook Web Bureau

This is the fourth consecutive time that the RBI has reduced repo rate. In the earlier three policies, it reduced repo rate by 25 basis points each.


Photo Gallery

A farmer sits near his red chillies at a deserted APMC market, during the weekend curfew imposed by the Karnataka government to curb the spread of COVID-19, in Hubballi.

PTI Photo

Delhi Chief Minister & AAP National Convenor Arvind Kejriwal being welcomed by women supporters during his door-to-door campaign ahead of the Goa Assembly elections, in Goa.

PTI Photo

A health worker collects swab sample of a woman for COVID-19 test, amid concerns over rising Omicron cases, in Gurugram.

PTI Photo

Traffic jam on a road at Shalimar Bagh during the weekend curfew imposed by the Delhi government to curb the spread of Covid-19, in New Delhi.

PTI Photo/ Shahbaz Khan

The Lajpat Nagar market wears a deserted look during the weekend curfew imposed by the Delhi government to curb the spread of Covid-19, in New Delhi.

PTI Photo/ Shahbaz Khan
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