Monthly Archives: December 2020

Top 4 commercial banks that give up to 7.50% return on FDs for seniors

Investment oi-Vipul Das | Updated: Monday December 7, 2020, 7:06 PM [IST] On December 4, the Monetary Policy Committee agreed to keep repo rates stable and kept the policy program “accommodating” despite high inflation and some indicators of economic growth. Changes in the Reserve Bank of India’s (RBI) monetary policy, …

Read More »

pension rate unchanged; Commercial banks will not declare dividends for fiscal year 21

KEY RBI POLICY ANNOUNCEMENTS MAIN POLICY ANNOUNCEMENTS > Repo rate unchanged at 4%; status quo maintained for third consecutive policy > MPC maintains an accommodating position at least during the current fiscal year and next year > All MPC members voted unanimously for a status quo and an accommodating position …

Read More »