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Search result for 'deposit scheme'

New Delhi, Jun 28...

Small Savings Scheme Interest Rates Unchanged for Q2 FY25

June 28, 2024 17:51

The Indian government has maintained interest rates on small savings schemes, including PPF, Sukanya Samriddhi, and NSC, for the second quarter of FY25, beginning July 1, 2024.

Mumbai, Apr 15...

Govt Collects Rs 27k Cr Tax on Senior Citizen Deposits: SBI

April 15, 2024 22:19

SBI reports the government collected over Rs 27,000 crore in taxes from senior citizens on FD interest in FY24, driven by rising deposits and interest rates.

SBI Seeks Lower CRR for Green Deposits | RBI Talks

February 16, 2024 12:12

State Bank of India (SBI) is in talks with the Reserve Bank of India (RBI) to reduce the cash reserve ratio (CRR) requirement on green deposits, a new scheme launched by the bank to attract...

Mumbai, Jan 15...

Bank of Baroda Offers High Interest Rates on Short-Term Deposits

January 15, 2024 19:31

Bank of Baroda announces new deposit scheme with 7.1-7.6% interest per annum for retail deposits below Rs 2 crore. Senior citizens get higher rates.

Mumbai, Jan 2...

BoI Offers 7.5% Fixed Deposit for Rs 2 Crore+

January 2, 2024 18:23

Bank of India (BoI) introduces a special fixed deposit scheme offering 7.5% per annum on deposits of Rs 2 crore and above with a 175-day tenure.

New Delhi, Dec 30...

FM Urges PSBs to Attract Deposits for Credit Growth

December 30, 2023 22:04

Finance Minister Sitharaman asks state-owned banks to offer innovative deposit schemes to boost credit and address fraud concerns.

New Delhi, Dec 29...

Sukanya Samriddhi Interest Rate Hiked by 20 bps

December 29, 2023 17:48

The government raised interest rates on Sukanya Samriddhi and 3-year term deposit schemes, while retaining rates for other small savings schemes like PPF and savings deposits.

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