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Interest rates on small savings schemes cut by up to 1.4%

2 months ago 8
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The government on Tuesday slashed interest rates on small savings schemes, including national savings certificate (NSC) and public provident fund (PPF), by up to 1.4 per cent for the first quarter of 2020-21, in line with moderation in bank deposit rates. Interest rates for small savings schemes are notified on a quarterly basis.
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