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Category: Bank & Saving

Jaitley defends SBI choice to cut savings account hobby rate

Jaitley defends SBI choice to cut savings account hobby rate

Finance Minister Arun Jaitley nowadays defended the State Bank of India’s choice to reduce the hobby fee on saving debts of less than Rs. 1 crore, announcing the circulate become in sync with discount in…

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After SBI, Bank of Baroda cuts interest charge on savings account via 50 bps

After SBI, Bank of Baroda cuts interest charge on savings account via 50 bps

New Delhi: Within days of State of Bank of India (SBI) slashing interest rate on financial savings bank account, another public sector unit (PSU) financial institution—Bank of baroda bank—has observed suit, slicing it to a…

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Challenger financial institution PCF launches the ONLY savings deal to match inflation

Challenger financial institution PCF launches the ONLY savings deal to match inflation

Savers can now find a home for their money which matches the legitimate inflation charge way to a new fixed-charge bond released through challenges financial institution PCF savings Bank. The PCF account, paying 2.6 in…

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Income tax returns filing: How to get savings account interest charge Rs 10,000

Income tax returns filing: How to get savings account interest charge Rs 10,000

Yes, the interest earned on saving debts is taxable underneath the top ‘profits from other resources’. However, a deduction beneath Section eighty TTA as much as Rs 10,000 may be claimed in opposition to savings…

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Savings account fee reduce: Bad times for small savers, time to shift?

Savings account fee reduce: Bad times for small savers, time to shift?

Following India’s biggest bank State Bank of India (SBI), 8 private banks have cut the interest fees of financial savings account within a week. SBI, on July 31 had slashed the pricing for below Rs…

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Factors banks look at before finding out the hobby on savings bills

Factors banks look at before finding out the hobby on savings bills

On 31 July, State Bank of India (SBI) cut the hobby price for its financial savings account from 4% to a few.Five% consistent with annum for deposits as much as Rs1 crore. This flow gains…

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Bank FD, Savings Deposit Rates Falling. What Are Your Options?

Bank FD, Savings Deposit Rates Falling. What Are Your Options?

Inline with a broader decline in hobby fees, banks are reducing interest prices on fixed deposits (FDs) in addition to savings account deposits. SBI or State Bank of India final month decreased its financial savings…

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Bank and Sainbury’s Bank provide BEST price

Bank and Sainbury’s Bank provide BEST price

Martin Lewis, 46, is on an undertaking to assist people to store money where possible, particularly within the run as much as Christmas, that’s infamous for being a pricey time of yr. The Money Saving…

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PNB, HDFC Bank to revise hobby prices on financial savings accounts

PNB, HDFC Bank to revise hobby prices on financial savings accounts

Banking majors — PNB and HDFC Bank — on Thursday said that they’ll lessen hobby price through 0.5 per cent on saving bank deposits of beneath Rs 50 lakh to three.Five consistent with cent per…

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With banks cutting savings hobby fees, what are your options now?

With banks cutting savings hobby fees, what are your options now?

Banks in the USA are on a spree to cut down financial savings interest prices. As many as seven banks have announced a charge cut on saving bank hobby fee until now especially because of…

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