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Small savings rates left unchanged

The government left small savings rates unchanged for the July-September quarter after an uproar over a sharp cut in April had forced it to reverse the decision. This is the fifth straight quarter where rates have been left unchanged, providing respite to middle class investors who park their savings in Public Provident Fund, Senior Citizen Savings Scheme and National Savings Certificate, among other instruments.

The government left small savings rates unchanged for the July-September quarter after an uproar over a sharp cut in April had forced it to reverse the decision. This is the fifth straight quarter where rates have been left unchanged, providing respite to middle class investors who park their savings in Public Provident Fund, Senior Citizen Savings Scheme and National Savings Certificate, among other instruments. from Times of India https://ift.tt/3dObjZ5

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