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3 new PPF rules from October 1 for minor accounts, multiple accounts, and NRIs

The updated guidelines for PPF accounts announced in a circular on August 21, 2024, are for minor accounts, multiple accounts, and for NRIs

The updated guidelines were initially announced in a circular on August 21, 2024, and were aimed to “regularise irregular small savings accounts” (Representational Image/Shutterstock)
Published on Sep 12, 2024 01:52 PM IST

HDFC Bank raises 3-month lending rates, see latest September 2024 MCLR, others

HDFC Bank raised its MCLR for 3-month tenure by 5 basis points, with its MCLR interest rates now ranging between 9.10% and 9.45%

A bird flies past a window of a HDFC Bank branch office in Mumbai, India, October 21, 2015. (Shailesh Andrade/Reuters)
Updated on Sep 08, 2024 02:16 PM IST

How fast will interest rates fall? Fed Chair Powell may provide clues in high-profile speech

How fast will interest rates fall? Fed Chair Powell may provide clues in high-profile speech

How fast will interest rates fall? Fed Chair Powell may provide clues in high-profile speech
Updated on Aug 23, 2024 12:32 PM IST
AP |

Fed minutes: Most officials favored a rate cut in September if inflation continued to cool

Fed minutes: Most officials favored a rate cut in September if inflation continued to cool

Fed minutes: Most officials favored a rate cut in September if inflation continued to cool
Published on Aug 22, 2024 12:20 AM IST
AP |

Will home loans get costlier? SBI lending rates hiked 10 bps: See current rates

Home loans can potentially get costlier since SBI's three-year tenor MCLR is now 9.10%, from 9% earlier and overnight MCLR is now 8.20%, from 8.10 previously.

All types of loans, including home loans can potentially get costlier since the MCLR has now been hiked. (Pradeep Gaur/Mint)
Published on Aug 15, 2024 05:54 PM IST
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