Auction of Government of India Dated Securities

RBI/2018-19/50 Ref.No.IDMD/695/08.02.032/2018-19                               September 24, 2018 Auction of Government of India Dated Securities Government of India has offered to sell (re-issue) four dated securities for a notified amount of ₹ 12,000 crore as per the following details: Sr. No Security Notified Amount […]

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Important Banking Abbreviations

RBI Monetary Policy Committee (RBI-MPC): Reserve Bank of India Monetary Policy is the macroeconomic policy laid down by the RBI (India’s Central Bank). It manages the money supply and interest rates depends on demand used by the government of India to achieve macro-economic objectives like inflation, deflation, consumption, liquidity of money and growth. Through this policy, […]

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Banks Fixed Deposit Rate of Interest as on 19th May 2018

FIXED DEPOSITS (ROI) Banks 0.6-1 Yr 1-2 Yrs 2-3 Yrs 3-5 Yrs Andhra Bank 6.25 6.60 6.50 6.50 Andhra Pragathi Gramina Bank 6.30-6.60 6.90-6.60 6.60 6.50 AP Gramina Vikas Bank 6.90-7.25 7.25 7.15 6.60 AP State Co-operative Bank 6.70-6.80 7.05-6.90 6.80 6.60 AXIS Bank 6.50 7.10 7.00 7.00 Bank of Baroda 6.35 6.70 6.60 6.70 […]

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