Govt withdraws interest rate cut in small savings schemes, calls it oversight
The interest rates on such schemes will continue to remain as they were during January-March, reversing Wednesday’s highest cut of 1.1 per cent.
The interest rates on such schemes will continue to remain as they were during January-March, reversing Wednesday’s highest cut of 1.1 per cent.
Interest rates for small savings schemes are notified by the Finance Ministry on a quarterly basis.