'The government's decision to keep interest rates unchanged on small savings schemes will certainly constrain banks' ability to cut deposit rates further.' Illustration: Uttam Ghosh/Rediff Banks......
The government on Wednesday cut interest rates on small savings schemes, including NSC and PPF, by up to 1.1 per cent for the first quarter of 2021-22 in line with falling fixed deposit rates of......
Public Provident Fund (PPF) is one of the most popular tax-saving schemes. It can also be a very good investment option for retirement planning. And we should not treat is as just a tax-saving......
The popular Five-Year National Savings Certificates will earn an interest rate of 8.1 per cent from April 1 as against 8.5 per cent, at present. Interest rate on small savings schemes, including......
Finance Minister Nirmala Sitharaman on Thursday said the government will roll back a steep interest rate cut on small saving schemes such as PPF and NSC -- saying it was an oversight, a move being......