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RBI to transfer Rs 50,000 crore surplus to Union government

Aug 08, 2018, at 07:34 pm

New Delhi, Aug 8 (IBNS): The Reserve Bank of India (RBI) on Wednesday said it has decided to pay a dividend of Rs 50,000 crore to the Union government.

Interest rate on small saving schemes reduced by 0.1 pct

Mar 31, 2017, at 10:56 pm

New Delhi, Mar 31 (IBNS): The Union Government on Friday announced revised rates of interest on various small savings schemes for the first quarter of the financial year 2017-18, reducing interest rate by 0.1 percent.