Jio has made data accessible and affordable, with average prices per GB dropping to ₹10 from ₹152, bringing the internet within the reach of a larger proportion.
The State Bank has 41 crore savings bank accounts. Of that, 16 crore are under the Pradhan Mantri Jan Dhan Yojana/basic savings bank deposit.
The concept of personal finance is something that every member of the Generation Y needs to understand.
While the government expects you to pay taxes honestly, make sure you make use of its exemption schemes to the fullest
The bonds have been popular on account of offering a higher rate of interest than small savings and fixed deposit rates.
As per the new PNB rates, for domestic retail term deposits of less than Rs 1 crore with the tenure of 7 to 29 days, the rate has been increased by 1.25 percentage points to 5.25 per cent from the current 4 per cent.
A finance ministry notification said rates have been reduced across the board for schemes such as National Savings Certificate (NSC), Sukanya Samriddhi Account, Kisan Vikas Patra (KVP) and Public Provident Fund (PPF).
The SBI today said it has lowered minimum balance requirement for savings accounts in metros to Rs 3,000 from the current Rs 5,000 while exempting pensioners and minors to maintain the minimum average balance.
The State bank of India (SBI) has cut the interest rate on savings bank accounts by 50 basis points (bps) – bringing it down to 3.5 per cent from 4 per cent
In a step to promote the habit of savings among urban poor, digital payments platform MobiKwik and Samagra, an NGO serving urban poor, on Thursday launched "M-Gullak" which will provide a mobile wallet platform to
A recent report has made a shocking revelation stating that about 47 per cent of working people in India have not started saving for their future or have stopped or faced difficulties while saving.
Reserve Bank has asked banks to pay interest on savings banks account on quarterly basis or shorter duration, a move which will benefit crores of savings account holders.
It may sound like a aggressive idea if we aim to double the size of our nest egg in the next 5-10 years of time period. However, it is still possible without taking any unnecessary
New Delhi: Ahead of the forthcoming Budget, RBI Governor Raghuram Rajan on Friday pitched for incentivisation of domestic savings to boost investments in the country."The income tax benefits for an individual to save have been
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Chennai: Country's first Post Office Savings Bank ATM was inaugurated in Chennai today by Finance Minister P Chidambaram as a part of the government's Rs. 4,909 crore IT modernisation scheme for the Department of Posts.After
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New Delhi, Mar 25 : Millions of small savers and PPF account holders will earn less on their post office savings schemes, with the government deciding to reduce interest rates on them marginally by 0.10
Chennai,Jul 5:Concerned over the lack of transparency in bank lending rates, Reserve Bank Governor D Subbarao on Wednesday said the central bank has set up a working group to address the issue.“One problem that has
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