Month: March 2017

Small Savings Schemes Interest Rates Slashed [AGAIN]

Small Savings Schemes Interest rates are on the down ward spiral.  Finance ministry again slashed interest on these saving instruments by 0.1% (10 basis points).  From the year 2016 government started reviewing interest rates on small savings schemes on quarterly basis.  The aim of this is to keep the rates on these schemes inline with …

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