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PPF, other small savings schemes see big interest rate cuts
PPF, other small savings schemes see big interest rate cuts

Govt cuts small savings interest rates for April-June by 70-140 bps The Public Provident Fund will now fetch 7.1% returns, after an 80 bps cut in its interest rate

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PPF rate slashed to 7.1%, lowest in 43 years; small savings rates cut up to 1.4%
PPF rate slashed to 7.1%, lowest in 43 years; small savings rates cut up to 1.4%

The new interest rates for small savings schemes will remain in effect for the first quarter of financial year 2020-21, that is from April 1, 2020 to June 30, 2020

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Covid-19 Information to Policyholders
Covid-19 Information to Policyholders

Dear Policyholders, we are committed to your safety and wellbeing. The whole nation is fighting Corona Virus COVID-19. Under these challenging circumstances, team LIC assures you that we are doing our best to ensure that critical policy services remain unaffected and you get your due payments on time.

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What 3 month moratorium on repayment of term loans means for borrowers
What 3 month moratorium on repayment of term loans means for borrowers

RBI has allowed lending institutions to offer a moratorium on loan repayments.

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No extension of the Financial Year, says government
No extension of the Financial Year, says government

A notification issued by the Government of India on 30th March 2020 with respect to some other amendments done in the Indian Stamp Act is being misquoted, the government said

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Tokyo Olympics to be held from July 23 to August 8, 2021
Tokyo Olympics to be held from July 23 to August 8, 2021

The 2020 Olympics have been postponed amid the global coronavirus pandemic that has brought nearly all sport to a halt worldwide.

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Interest on small savings schemes to fall; should you lock it?
Interest on small savings schemes to fall; should you lock it?

Government could revise interest rates on small savings scheme by a token 25-30 basis points across products SBI pays interest of 5.9% across its FDs between one and 10 years

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Your home, personal, auto loans to be cheaper! RBI minimises Coronavirus impact with repo rate cut
Your home, personal, auto loans to be cheaper! RBI minimises Coronavirus impact with repo rate cut

After today's rate cut, it remains to be seen how much impact with the recent rate cuts, it will have on the home loan and other borrowers.

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RBI allows banks to put EMIs on hold for three months
RBI allows banks to put EMIs on hold for three months

The credit history of the borrower will not be impacted The RBI today cut repo rate by 75 basis points and also cut cash reserve ratio by 100 basis points

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