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Interest rates on small savings are fixed: RBI 2012-01-23 05:24:40
“As per the rules of small savings schemes, the rate of interest on an investment made in all schemes, except PPF, 1968 on a particular date, remains unchanged for the entire duration of the investment, till maturity, irrespective of the...
Keywords: maturity, government securities, revisions in subsequent years, small savings schemes
Read MoreGoogle Searches for “Operation Twist” Experiences Upsurge in India 2019-12-21 09:12:12
As the central bank’s version of the U.S.Federal Reserve’s unconventional monetary policy has been announced, the Google searches for “Operation Twist” has been surged in India.Operation Twist refers to a movement where in the buying and selling securities of short-term...
Keywords: U.S.Federal Reserve, Maharashtra, Maharashtra, Maharashtra
Read MorePros and Cons - External Account for Non Resident 2013-09-30 05:56:25
Persons of Indian nationality or origin residing outside of India may open, with authorised banks in India, Non-resident External Accounts (NRE Accounts), designated in rupees. These accounts can be in savings, current, or term deposit accounts. Opening of NRE Accounts...
Keywords: Non Resident External Account—Pros and Cons, Pros and Cons - External Account for Non Resident, Non Resident External Account—Pros and Cons, Pros and Cons - External Account for Non Resident
Read MoreNRIs Can Soon Be Able to Invest in Indian Government Securities 2019-04-05 05:15:25
The Reserve Bank of India, while announcing the first monetary policy for the financial year 2019-20, made its intentions clear to open up Indian government securities (G-Sec) market for Non-Resident Indians. That is to say, NRIs would soon be able...
Keywords: can nri invest in indian stock market, NRI investments, nro pis account rbi, rbi investment schemes
Read MoreRBI waits and watches 2015-04-07 12:09:29
Reserve Bank of India kept interest rates on hold at 7.50%, choosing to wait longer to assess inflationary pressures before making its next move and to give banks more time to adjust lending rates to reflect previous rate cuts. The...
Keywords: Repo Rate, Repo Rate, Indian economy, RBI
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