Home Economy Small savings rates may be realigned from June quarter
Economy - February 8, 2025

Small savings rates may be realigned from June quarter

Small savings rates may be realigned from June quarter

With the central bank initiating a rate cut cycle, the government might adjust interest rates on small savings schemes from June. Currently, popular schemes like PPF and Sukanya Samriddhi accounts offer annual interests of 8.2% and 7.1%, respectively, while aligning closely with yields on comparable government securities.

Author Of article :

Read full article

Leave a Reply

Your email address will not be published. Required fields are marked *

eleven + six =

Check Also

Cries in the urban wilderness: Mental health issues need to be addressed individually and collectively

A friend's mental health crisis and the suicide of three sisters highlight India's…