Tag: small savings schemes

Total 2 Posts

Cuts in interest rate on small savings schemes

New Delhi- Interest rate on small savings schemes, including the National Savings Certificate and Public Provident Fund has been reduced by the Govt by 0.1 per cent for the July-September quarter.Ministry of finance said in a statement that on the

Govt authorised banks to sell more small savings schemes

The government has authorised three private banks ICICI, HDFC and Axis Bank and all public sector banks to accept deposits under various small savings schemes like National Savings Certificate (NSC), recurring deposits and monthly income plan.According to the government’s notification,