As interest rates declines, Govt withdraws 7.75% taxable savings bonds scheme from today

Image Source : FILE As interest rates declines, Govt withdraws 7.75% taxable savings bonds scheme from today The authorities has determined to withdraw 7.75 per cent Savings (Taxable) Bonds scheme from the shut of banking enterprise on Thursday as a result of declining interest rates, it stated in a notification on Wednesday. The scheme, generally referred … Read more

HDFC Ltd Q4 profit declines 10 pc to Rs 4,342 cr

Image Source : FILE HDFC Ltd Q4 profit declines 10 pc to Rs 4,342 cr Housing finance agency HDFC Ltd on Monday reported a 10 per cent decline in consolidated internet profit to Rs 4,341.58 crore for the fourth quarter ended March 31. The firm’s internet profit (earlier than adjustment of minority curiosity) was Rs … Read more

Senior citizens to get high rate for longer tenor deposits: HDFC Bank

Image Source : FILE Senior citizens to get high rate for longer tenor deposits: HDFC Bank Private sector lender HDFC Bank on Tuesday stated it’s growing extra curiosity paid to senior citizens by 0.25 share level if they’re keen to make a longer tenor deposit. For fastened deposits of over 5 years however underneath ten … Read more