Can interest rate on PPF fall below 6.5% after repo rate cut of 1% this year?
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PPF Interest Rate: Will the govt reduce the interest on PPF from 7.1% to 6.50%? read full details
PPF Interest Rate: Can the interest on Public Provident Fund be reduced? Currently, PPF is getting 7.1 percent interest. Will the effect of reduction in repo rate and other reasons be seen on the interest rate of small savings scheme? Will the government reduce the interest on PPF from 7.1% to 6.50%? The government is going to review the interest rates of small savings schemes on 30 June 2025. This includes many schemes like Public Provident Fun…
Can interest rate on PPF fall below 6.5% after repo rate cut of 1% this year?
PPF interest rate below 6.5%: The government will review the interest rate on PPF and other small savings schemes on June 30, 2025. If the PPF interest rate is cut by more than 0.10%, it will be below 7%. The last time this occurred was before August 1974. Read on to know what experts say about whether the PPF interest rate can fall below 6.5%.
The Reserve Bank of India (RBI) has cut the repo rate by 100 basis points this year, leading to speculation that the Public Provident Fund (PPF) interest rate may go below 7% in the next review to be held in July. Some experts say that the falling yields of government bonds and the formula for determining interest rates are pointing towards this reduction, while others believe that the government will not take any major decision so soon due to p…
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