SEARCHED FOR:SMALL SAVINGS SCHEMES
India's ambitious plan to help small businesses does little to save them
Businesses from textiles to sports goods and furniture are shuttered or working at a bare minimum.
No penalty, revival fees for PPF, RD and other small savings schemes
The decision has been taken by the Ministry of Finance as many investors...
CITU condemns cut in small savings schemes interest rates
"This will affect financially the mass of the populace, the superannuated, income-l...
PPF rate may fall below 7% to a 46-year low
Since 1 April, the 10-year bond yield has till now averaged 6.07% and currently stands at 5.85%, which clearly means a rate cut is in the offing for small savings schemes.
1% drop in small savings' rate may cut income by 15%. Measures are needed to save these schemes
The action taken by the RBI to provide a monetary cushion to the looming COVID recession has caused a reduction in the interest earnings of those who have money in sovereign deposit schemes.
Small savings schemes see sharp rate cuts. What should investors do?
The downward revision of interest rates in small savings schemes like PPF, NSC, SSY has been sharp this quarter and might hurt your financia...
Rate cut on small savings will add to people’s woes: Congress
The rate cut came after the Reserve Bank of India recently reduced its key lending rate by 75 basis points to counter any economic fallout from the outbreak. The main opposition Congress party demanded that the decision be reversed.
RBI urges government to cut rates on small savings schemes
The RBI has urged the government to move forward on reducing interest rates on small savings schemes such as public provident fund (PPF) and post office deposits, to help banks pare rates on deposits and loans and lead to a better transmission of the central bank’s rate cuts.
Small savings schemes' interest rates slashed. Should you continue with your investments?
Investors in PPF and Sukanya Samriddhi Yojana will see the impact immediately as lower rates will be applicable on accumulated balance. However, investments made in NSC, SCSS and others prior to the announcement would be shielded from the cut.
PPF to fetch 7.1%, NSC 6.8% as govt slashes small savings schemes interest rates
Rates of these schemes have been slashed by between 70 bps and 140 bps for the Apr-June quarter.
Post office schemes’ interest rates higher than bank FDs but look at these options too
Investors can consider options other than bank FDs as these are currently offering low rates of interest. However, keep in mind that bank FDs offer good liquidity (although often with a penalty). A similar level of liquidity is offered by very few other options (offering comparable safety).
How to invest in small savings schemes using the India Post Payments Bank app
The India Post Payments Bank (IPPB) offers a single view of all the post office investments and allows subscribers to manage thee efficiently. Subscribers are also able to deposit money online in their RD, SSY or PPF account using the IPPB application.
PPF, NSC and other small savings schemes interest rates kept unchanged for March quarter
For the quarter ending March 2020, small savings schemes such as the Public Provident Fund (PPF), National Savings Certificate (NSC) will continue to fetch same interest rate. PPF will continue to earn 7.9 per cent during the quarter January to March 2020.
Fund in Focus: Should you stop investing in Franklin India Taxshield?
We have been getting queries from its readers about the lacklustrure performance of Franklin India Taxshield Fund. Possibly triggered by the shutting down of six debt schemes by the fund house in April, anxious investors are tracking their their investments in the conservative tax-saving scheme closely.
Should I sell my investments in DSP Small Cap Fund?
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