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Tuesday, July 27, 2021

small savings

SMALL SAVINGS NEWS

Government may cut rate on small savings schemes in next quarter

March 18, 2020 5:38 pm

Bankers have been complaining that high rates on small savings schemes prohibit them from cutting deposit rates. Currently, there is a difference of nearly 100 basis points between deposit rate of banks and small savings rate for one-year maturity.

Small savings rate may see moderation next quarter: DEA secy

February 03, 2020 1:47 pm

During the current quarter, the government refrained from cutting interest rates on small savings schemes, including Public Provident Fund (PPF) and National Savings Certificate (NSC), despite moderating bank deposit rates.

Small savings rates cut: PPF, senior citizen scheme, deposits to earn less

March 19, 2016 8:27 am

Since the government is now moving on revising interest rates on such schemes every quarter, the new rates, therefore, will be applicable from April 1 to June 30.

Sebi bats for tax breaks to attract pension money to market

December 26, 2013 2:51 pm

The total size of pension market in India is expected to rise to over Rs 2 lakh crore by 2015.

Small savings: Govt expects Rs 1,100 cr

April 15, 2012 12:42 pm

The interest rate on post office savings deposit now stands at 4 per cent.

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