Kisan Vikas-patra

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Kisan Vikas-patra - Total results - 31
Interest rates of PPF, Kisan Vikas Patra and other small savings schemes slashed; new rates will be applicable from today (1 April)
Business

Interest rates of PPF, Kisan Vikas Patra and other small savings schemes slashed; new rates will be applicable from today (1 April)

People with accounts in Public Provident Fund (PPF), Kisan Vikas Patra (KVP) and National Savings Certificate (NSC) will earn less after the rates were cut by 70-140 basis points (bps).

Small savings schemes: Govt keeps interest rates unchanged for January-March quarter
Business

Small savings schemes: Govt keeps interest rates unchanged for January-March quarter

The government on Tuesday kept the interest rates on small savings schemes, including NSC and PPF, unchanged for the fourth quarter of 2019-20 despite moderating bank deposit rates

Govt cuts interest rates of small savings schemes by 10 bps for July-September quarter
Business

Govt cuts interest rates of small savings schemes by 10 bps for July-September quarter

Schemes that will fetch lower interest are Kisan Vikas Patra (KVP), Public Providend Fund (PPF), among others

Govt cuts interest rate on NSC, PPF and other small savings schemes by 0.1% for July-September quarter
Business

Govt cuts interest rate on NSC, PPF and other small savings schemes by 0.1% for July-September quarter

The government on Friday reduced the interest rate on small savings schemes, including NSC and PPF, by 0.1 percent for the July-September quarter

Govt keeps small savings schemes' interest rates unchanged for July-September quarter
Business

Govt keeps small savings schemes' interest rates unchanged for July-September quarter

Interest rates for small savings schemes are notified on a quarterly basis

Govt extends deadline for linking Aadhaar with saving schemes like post office deposits, Kisan Vikas Patra
Business

Govt extends deadline for linking Aadhaar with saving schemes like post office deposits, Kisan Vikas Patra

"It has now been decided to extend the last date for submission of 'Aadhaar' number from 31 December, 2017 to 31 March, 2018," a Finance Ministry notification said.

Your NSC, PPF returns to dip next quarter as govt cuts rates by 20 bps; banks may cut deposit rates
Business

Your NSC, PPF returns to dip next quarter as govt cuts rates by 20 bps; banks may cut deposit rates

PPF and NSC will fetch a lower annual rate of 7.6 percent while KVP will yield 7.3 percent and mature in 11 months.

Government cuts small savings interest rates by 0.2 percentage point; PPF, NSC slashed to 7.6%
Business

Government cuts small savings interest rates by 0.2 percentage point; PPF, NSC slashed to 7.6%

The government slashed interest rates on small savings schemes, including NSC and PPF, by 0.2 percentage point for the January-March period

Aadhaar compulsory for PPF, post office deposits and more; deadline 31 December
Business

Aadhaar compulsory for PPF, post office deposits and more; deadline 31 December

"Provided that where Aadhaar number has not been assigned, the depositor shall submit proof of application of enrolment for Aadhaar," said a government notification.

Govt slashes interest rates by 0.1% on PPF, Kisan Vikas Patra, other small savings schemes
Business

Govt slashes interest rates by 0.1% on PPF, Kisan Vikas Patra, other small savings schemes

Kisan Vikas Patra (KVP) investments will yield 7.5 percent and mature in 115 months

PPF rate cut: Why Modi govt is wrong in linking small savings interest rates to bond yields
Business

PPF rate cut: Why Modi govt is wrong in linking small savings interest rates to bond yields

It reinforces the depressing view that the Modi government is unsympathetic to the concerns of the small man though the BJP has been winning successive state elections thanks to his unstinted support

PPF, Kisan Vikas Patra interest rates to fall from 1 April, it's time to consider bolder investment options
Business

PPF, Kisan Vikas Patra interest rates to fall from 1 April, it's time to consider bolder investment options

The common refrain from small savers is that they do not understand financial instruments beyond fixed deposits

Interest rate on PPF, Kisan Vikas Patra cut from 1 April; will bank deposit rates follow?
Business

Interest rate on PPF, Kisan Vikas Patra cut from 1 April; will bank deposit rates follow?

The move is expected to prompt banks to lower the deposit rate in line with the small savings rate as offered by the government

Interest rate on small savings schemes unchanged for Jan-Mar quarter
Business

Interest rate on small savings schemes unchanged for Jan-Mar quarter

A finance ministry notification said investments in public provident fund (PPF) scheme will continue to fetch an annual interest rate of 8 percent, the same as 5-year National Savings Certificate.

EPF rate cut to 8.65%: Setback for employees but rate still better than most bank FDs
Business

EPF rate cut to 8.65%: Setback for employees but rate still better than most bank FDs

The 8.65% rate is better than most bank FDs which are offering lower rates than this for various tenures

Why FM Jaitley’s move to cut EPF rate is good economics, but bad politics
Business

Why FM Jaitley’s move to cut EPF rate is good economics, but bad politics

In a scenario when the inflation is falling (CPI inflation is hovering around 5 per cent and the RBI is on course to bring it down even further), the real returns will be positive.

Savings shocker: PPF interest rate cut to 8.1% starting April
Business

Savings shocker: PPF interest rate cut to 8.1% starting April

On 1-Year time deposit, interest rate reduced to 7.1% from 8.4%, while on 2-year time deposit slashed to 7.2% from 8.4%

Small savings rate cut: It’s good news to the borrower and bad news to the saver
Business

Small savings rate cut: It’s good news to the borrower and bad news to the saver

The government has announced a 25 basis points reduction in the interest rates of small savings

Govt cuts interest rate on small post office schemes by 0.25%; PF to earn more
Economy

Govt cuts interest rate on small post office schemes by 0.25%; PF to earn more

The finance ministry said that small saving interest rates are perceived to limit the banking sector's ability to lower deposit rates in response to the monetary policy of the Reserve Bank of India.

Interest rate on small savings scheme to be aligned with govt securities, says Shaktikanta Das
Business

Interest rate on small savings scheme to be aligned with govt securities, says Shaktikanta Das

Cutting the small savings rate could save the government an estimated $700 million a year