Published 1 year ago

Centre hikes interest rates on some small savings schemes by up to 70 bps

Summary by Ground News

The interest rates on small savings schemes range from 4.0 per cent to 8.2 per cent. This is the third time in last 9 months, the Centre has increased the interest rates. The interest rates are calculated on the recommendations of the Shyamala Gopinath Committee.

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Times of India

Interest rates hiked by up to 70 bps for small saving schemes like Sukanya Samriddhi, NSC

The government has hiked the interest rates of small savings schemes by up to 70 bps for the April-June 2023 quarter. The finance ministry made this announcement via a circular issued on March 31, 2023. (One percentage point is equivalent to 100 basis points.) The interest rates of schemes like the Senior Citizen Savings Scheme, Monthly Income Savings Scheme, National Savings Certificate, Kisan Vikas Patra, all post office time deposits and Suka…

1 year ago·India

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News18 India

Govt Hikes Interest Rates On Small Savings Schemes By Up To 70 bps for April-June 2023; Latest Rates

The highest interest rate hike was made in the NSC from 7 per cent to 7.7 per cent now, while PPF saw no change

1 year ago·India

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Hindustan Times

Centre raises interest rates on small savings schemes. Check out rates

The rate of interest has been increased by 70 basis points which will be applicable from April 1

1 year ago·New Delhi, India

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Indian Express

Govt raises interest rates on most small saving schemes

The highest increase was in the interest rate of the National Savings Certificate (NSC), which will now attract 7.5 per cent, up from 7 per cent, for the April 1 to June 30, 2023 period

1 year ago·India

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Live Mint

Centre hikes interest rates on some small savings schemes by up to 70 bps

The interest rate for senior citizens savings scheme has been hiked to 8.2 per cent.However, the govt has kept the rate for PPF scheme unchanged for this period

1 year ago·New Delhi, India

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आज तक

Government's big gift, now more interest will be available on Small Savings Scheme, know the new rates

The central government has increased the interest rates of small savings schemes. This hike has been made for the quarter of April to June 2023. Earlier in January 2023, the government had also increased the interest rates of small savings schemes.

1 year ago

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Centre hikes interest rates on some small savings schemes by up to 70 bps

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Interest rates hiked by up to 70 bps for small saving schemes like Sukanya Samriddhi, NSC

Interest rates hiked by up to 70 bps for small saving schemes like Sukanya Samriddhi, NSC

Govt Hikes Interest Rates On Small Savings Schemes By Up To 70 bps for April-June 2023; Latest Rates

Govt Hikes Interest Rates On Small Savings Schemes By Up To 70 bps for April-June 2023; Latest Rates

Centre raises interest rates on small savings schemes. Check out rates

Centre raises interest rates on small savings schemes. Check out rates

Govt raises interest rates on most small saving schemes

Govt raises interest rates on most small saving schemes

Centre hikes interest rates on some small savings schemes by up to 70 bps

Centre hikes interest rates on some small savings schemes by up to 70 bps

Government's big gift, now more interest will be available on Small Savings Scheme, know the new rates

Government's big gift, now more interest will be available on Small Savings Scheme, know the new rates

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