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Interest rates of PPF, Kisan Vikas Patra and other small savings schemes slashed; new rates will be applicable from today (1 April)
Trendingdesk •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).
Govt may cut interest rate on PPF, NSC, other small savings schemes in April-June quarter
•The government is considering rate moderation for small savings schemes in the upcoming quarter, a development that could lead to speedier transmission of monetary policy rate cuts, sources said
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
Hafiz Saeed gets breather in terror financing trial after authorities fail to produce co-accused; next hearing on 11 Dec
•Counter-Terrorism Department of Punjab Police had registered 23 FIRs against Saeed and his accomplices on charges of 'terror financing' and arrested JuD chief on 17 July
US Army officer says he heard Donald Trump-Volodymyr Zelenskiy call, raised concerns over US president seeking 'favour' from Ukraine
•Alexander Vindman, a lieutenant colonel who served in Iraq and, later, as a diplomat, is prepared to tell House investigators that he listened to US president Donald Trump's 25 July call with new Ukraine president Volodymyr Zelenskiy and reported his concerns to the NSC's lead counsel, according to prepared testimony
If you think RBI’s 35 bps surprise rate cut is big bonanza for common man, the joke is on you; here’s why
Dinesh Unnikrishnan123 •The banks have room for further reduction of at least 80 bps in their lending rates if these entities choose to pass on the full benefit of the RBI rate cuts to the end-borrower.
Pakistan says it is ready to respond to any 'misadventure or aggression' by Indian forces; statement comes after key security meet
•Pakistan on Sunday warned India that it is ready to respond to any "misadventure or aggression" by the Indian forces.
Govt slashes interest on GPF to 7.9% after decline in overall rates in financial system
Fp Staff •In April this year, the government had retained the interest rate for GPF and other related schemes at 8 percent for the April-June quarter.
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
Small savings schemes: Govt keeps interest rates unchanged for Apr-June quarter on NSC, PPF, KVP
•The government has kept the interest rates on small savings schemes, including NSC and PPF, unchanged for the April-June quarter