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  2. MIBOR (Indian reference rate) - Wikipedia

    en.wikipedia.org/wiki/MIBOR_(Indian_reference_rate)

    The MIBOR is used as a bench mark rate for majority of financial derivative deals struck for interest rate swaps, forward rate agreements, Floating Rate Debentures and term deposits in India. The rate is fixed on the basis of volume based weighted average of traded rates from 9 am to 10 am each morning.

  3. List of sovereign states by central bank interest rates

    en.wikipedia.org/wiki/List_of_sovereign_states...

    Central bank interest rate (%) Change Effective date of last change Average inflation rate 2017–2021 (%) by WB and IMF [1] [2] as in the List Central bank interest rate minus average inflation rate (2017–2021) Afghanistan: 6.00 3.00: 24 July 2021 [3] 3.38 2.62 Albania: 2.75 0.25: 6 November 2024 [4] 1.78 0.97 Algeria: 3.00 0.25: 29 April ...

  4. Fixed deposit - Wikipedia

    en.wikipedia.org/wiki/Fixed_deposit

    A fixed deposit (FD) is a tenured deposit account provided by banks or non-bank financial institutions which provides investors a higher rate of interest than a regular savings account, until the given maturity date. It may or may not require the creation of a separate account.

  5. Savings interest rates today: Put your money to work with ...

    www.aol.com/finance/savings-interest-rates-today...

    At the conclusion of its seventh and penultimate rate-setting policy meeting of 2024 on November 7, 2024, the Federal Reserve announced it was lowering the federal funds target interest rate by 25 ...

  6. Recurring deposit - Wikipedia

    en.wikipedia.org/wiki/Recurring_deposit

    Tax deducted at source (TDS) is applicable on recurring deposits in India. If the interest earned on recurring deposits exceeds Rs. 40,000 a year, TDS at the rate of 10% would be deducted by the bank. Income tax is to be paid on interest earned from a Recurring Deposit at the rate of tax slab of the Recurring Deposit holder. Investors with no ...

  7. Reserve Bank of India - Wikipedia

    en.wikipedia.org/wiki/Reserve_Bank_of_India

    Bank rate: 6.75% [5] Interest on reserves: ... fixed deposits, Public Provident Fund for investment. ... and the Reserve Bank of India on 30 June 2024 as founding ...

  8. Refinance rates for Thursday, December 19, 2024 - AOL

    www.aol.com/finance/mortgage-and-refinance-rates...

    Average mortgage rates are trending higher as of Thursday, December 19, 2024, a day after the Federal Reserve announced it was lowering its benchmark interest rate by 25 basis points to a range of ...

  9. Public Provident Fund (India) - Wikipedia

    en.wikipedia.org/wiki/Public_Provident_Fund_(India)

    The current interest rate is 7.1% annually (Q1 of FY 2024-25). Interest received is tax-free. The entire balance can be withdrawn on maturity. The maximum amount that can be deposited annually is ₹150,000 in an account. The interest earned on the PPF subscription is compounded annually.