Savings Deposits

Govt hikes interest rate on NSC, PPF, other small savings schemes by up to 0.4% for October-December quarter

Public Provident Fund (PPF) and National Savings Certificate (NSC) will fetch an annual interest rate of 8 percent as compared to existing 7.6 percent, while Kisan Vikas Patra (KVP) will yield 7.7 percent and mature in 112 months as against 118 months in the previous quarter.

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

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

Dena Bank cuts savings account interest rate by 0.5% on deposits up to Rs 25 lakh

With this, Dena Bank has joined a host of peer banks after the industry leader SBI started paying less on certain savings deposits