- May 2014
- December 2013
- October 2013
- September 2013
- Zero Percent Interest EMI Schemes, Debit Card Merchant Transaction Charge Banned
- Aadhaar Twist- SC Says Aadhaar Not Mandatory for Govt Benefits
- International Travelers Can Carry up to Rs 10K till Duty Free Area of Airport
- Say No to Currency Notes for Garlands, Decorating Pandals, Showering on Celebrities
- Basic Savings Account Can Be Opened in Foreign Banks Too
- No Curbs on Foreign Remittance for Education, Healthcare
- August 2013
- July 2013
- Employee Provident Fund (EPF) Claim Settlement Time Improving
- Who Needs to File Tax Returns in 2013?
- Non-CTS-2010 Cheques Will Take Much Longer to Clear; Use CTS Cheques
- Services to Walk-In Customer at Banks to Get Stricter
- Tata, Birla, Reliance, Bajaj and 22 Others in RBI New Banking License Fray
- Online Tax Return Filing Mandatory for Income over Rs 5 Lakhs
- June 2013
- Note EUIN of Mutual Fund Sales Person for Your Protection
- LIC to Relax Norms for Uttarakhand Deluge Victims; to Settle Claims on Priority
- The Noise about Rupee Depreciation. A Simplified Version
- Axis Bank, HDFC Bank, ICICI Bank Fined for Flouting KYC Norms
- New Smart Pension Plan from Reliance Life Insurance. Should You Buy?
- Form 15G/15H Acknowledgement from Bank - Don't Miss This
- 5 Things to Check before Depositing with an NBFC
- May 2013
- April 2013
- March 2013
- PPF, NSC Rates Lowered for 2013-14
- Mutual Funds to Have Better Labeling
- Have You Got Your New CTS Cheques Yet?
- No Change in Income Tax Slabs for 2013-14 but You'll Pay More Tax
- Changes in Income Tax Deductions by Budget 2013-14
- RGESS Income Limit Raised to Rs 12 Lacs, Tax Benefit Extended up to 3 years
- 15% Limit on Insurance Premium for Disabled or Those Having Certain Ailments for 80C Deduction and 10(10D) Exemption
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- Income Tax Return to be Invalid if Self Assessment Tax Not Paid- Finance Bill 2013
- JNPT Tax Free Bonds Issue- March 2013. What is it About?
- NHB (National Housing Bank) Tax Free Bonds Issue- March 2013. What is it About?
- February 2013
- Inflation Indexed Bonds or Certificates- What to Expect
- Ennore Port Tax Free Bonds Issue- February 2013. What is it About?
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- IIFCL Tax Free Bonds Tranche II- February 2013. What Is It About?
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- All Health Insurers to Use Standardized Terms, Forms & Procedures- IRDA Guidelines
- HUDCO (Housing and Urban Development Corporation) Tax Free bonds- February 2013
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- January 2013
- Understanding Recent RBI Action and Its Implication
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- Tax Planning for Salaried Employees- A Last Minute Guide
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- IRFC Tax Free Bonds Issue- January 2013. What is it all about?
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- Housing and Urban Development Corporation Ltd (HUDCO) Tax Free bonds - January 2013. What is it all about?
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- December 2012
- India Infrastructure Finance Company Ltd (IIFCL) Tax free bonds- December 2012. What is it all about?
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- RGESS on Its Mark to Get Set and Go
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- November 2012
- October 2012
- 7% Discount on Gold Coins for Festive Season
- RBI Keeps Repo Rate Unchanged in Second Quarter Review
- AMFI Lowers Mutual Fund Distributors' Registration Fee
- NEFT Timings of Banks Increased by RBI
- Mutual Fund Plans Discontinued
- UIDAI's Aadhar to be Linked to a Host of Govt Schemes
- Central Government Pension for Widows and Disabled Persons Increased
- SBI Lowers Processing Fee on Home, Car loans
- HUDCO Reduces Housing Loan Rate
- Central Govt Employees to Get Non-Productivity Linked Bonus for 2011
- Demat Account to Hold FDs, Insurance Policies, Postal Savings
- More Reforms on the Anvil
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- September 2012
- Religare Mutual Fund to Sell 49% Stake in AMC to Invesco
- T-Bill Auction Dates
- SEBI Notifies Changes in Mutual Fund Regulations
- DA Raise for Central Government Employees
- SBI Reduces Interest Rate on Pre 2010 Floating Rate Loans
- HRA Can Be Claimed During Child Care Leave Too
- FM Showers Reforms
- RGESS to Include Mutual Funds, ETFs Investments
- Oh! Another Complicated Tax Rebate Scheme for an 'Ignorant' Investor
- SBI Lowers Base Rate
- Cost Inflation Index for 2012-13
- CRR Reduced in RBI's Monetary Policy Review
- Mutual Fund Services to Get Revamped
- August 2012
- SEBI Toll-Free Number Accessible on Weekends
- SEBI Directs Depositories for No-Frills Demat Account
- Decision on Rajiv Gandhi Equity Savings Scheme Soon
- SEBI Proposes Mutual Fund Reforms
- Urban Development Minister to Make Property Acquisition Process Online
- EPFO Floor Pension to Be Raised to Rs 1000
- Due date for filing I-T returns extended till Aug 31 2012
- Government Opens Doors to More Players for Managing Pension Fund
- July 2012
- Earn less than Rs 5 lakhs? Don’t file I-T returns
- Avail taxman’s services at your doorstep
- Principal Services Industries Fund Merger
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- Latest Mutual Fund Offers
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- Avail 1% interest subsidy on small home loans till 2013
- E-filing of returns mandatory for income over Rs 10 lakhs
- June 2012
- May 2012
- April 2012
- Banks to Allow Account Transfer to Other Branches within Bank
- EPF rate may be hiked to 8.6% for 2012-13
- Bank of India to Take Up Stake in Bharti AXA Mutual Fund
- Syndicate Bank, Bank of Baroda, Bank of Maharashtra Cut Interest Rates
- RBI Slashes Repo Rate
- 80 CCF Deduction Not Extended for 2012-13
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- March 2012
- February 2012
- Change in Loads
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- Change in Fund Managers
- Interest Rates on Loans Begin Decline
- Income Tax Exemption Limit Proposed to Be Raised
- Infra Bond Limit May be Raised to Rs 50K
- HUDCO and IRFC Tax-Free Bonds Issue Open
- Now Buy Government Bonds Online
- Mannapuram Finance Barred from Raising Public Deposits
- January 2012
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, 08 Jun 2012
7 June 2012
Nation's largest lender State Bank of India cut interest rate on term deposits by 25 basis points on select maturities ahead of RBI's mid-quarter policy review schedule for month-end. New rates apply to domestic deposits below Rs 1 crore and will be effective from 08 June 2012.
Summary table of new rates for SBI term deposits below Rs 15 lakhs:
Tenor (in days)
New rate (in %)
Existing rate (in %)
Non senior citizens
Non senior citizens
Experts anticipate the central bank RBI to slash repo rate by 25 basis points in the upcoming monetary policy review. Other banks are expected to follow suit post the rate cut.