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News:

Government to revise small saving rates soon

Interest rates on popular small savings schemes such as Public Provident Fund and National Savings Certificate are expected to come down from April 1

MAS Team | 12 February 2016

HUDCO’s new tax-free bond issue

Housing & Urban Development Corporation (HUDCO) is coming out with Rs1,710 crore worth of tax-free bonds

MAS Team | 22 January 2016

Government may announce new interest rates on small savings schemes soon

The government is soon likely to announce rationalised interest rates on small savings schemes, enabling banks transmit the policy rate reduction by...

MAS Team | 15 January 2016

10-year National Savings Certificate discontinued

Observers believe that the instrument was discontinued because it locked-in the government into a long-term commitment in a falling rate regime

MAS Team | 08 January 2016

Government will cut rates on small savings cautiously: Jaitley

Government will cut interest rate on small savings cautiously so as to protect vulnerable sections like retired employees, Finance Minister Arun...

MAS Team | 08 December 2015

Government to revise small savings rate by end of this month

The government is likely to reduce the interest rates on small savings schemes by the end of this month with a view to aligning them with the market...

MAS Team | 10 November 2015

Government likely to lower small savings interest rate

Government is likely to lower interest rates on small savings like PPF and post office deposits to bring them in line with market rates

MAS Team | 30 September 2015

Railway Finance Corp to issue Rs6,000 crore tax-free bonds

Indian Railway Finance Corporation (IRFC) would raise Rs6,000 crore through tax-free bonds in the current fiscal, Lok Sabha was told

MAS Team | 11 August 2015

Arun Jaitley to relaunch Kisan Vikas Patra; money to double in 100 months

In view of popular demand, the government will relaunch saving instrument Kisan Vikas Patra (KVP), wherein the invested money will get doubled in 8...

MAS Team | 18 November 2014

RBI, government working to regulate illegal money taking entities

The Reserve Bank is working with the government to bring about changes in the law to regulate the entities who are illegally accepting deposits from...

MAS Team | 25 August 2014

Investment ceiling in IINSS-C raised

The Reserve Bank of India has decided to increase the maximum limit for investment in Inflation Indexed National Saving Securities-Cumulative...

MAS Team | 29 March 2014

Shriram City plans to raise up to Rs200 crore via NCDs

Shriram City Union Finance is planning to raise up to Rs200 crore through non-convertible debentures (NCDs) to support financing activities

MAS Team | 19 March 2014

Muthoot Finance introduces NPS for employees

Muthoot Finance has announced an NPS initiate for employees of the entire group. In addition, the company, as a Point of Presence (PoP) for NPS, will...

MAS Team | 28 March 2013

PPF, Saving Schemes Reduce Interest Rates

Returns from PPF and small savings are bound to reduce as government has reduced interest rates marginally. According to the finance ministry...

MAS Team | 04 February 2013

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