Small Savings Schemes:- The government has increased interest rates on two small savings schemes for January-March 2024 by 10-20 basis points, making it the sixth consecutive quarterly hike since October-December 2022.[IANS] 
Business

Govt hikes interest on two small savings schemes

The government has increased interest rates on two small savings schemes for January-March 2024 by 10-20 basis points, making it the sixth consecutive quarterly hike since October-December 2022.

Author : NewsGram Desk

Small Savings Schemes:- The government has increased interest rates on two small savings schemes for January-March 2024 by 10-20 basis points, making it the sixth consecutive quarterly hike since October-December 2022.

The Finance Ministry notified on Friday that the rate of interest on the three-year time deposit has been increased by 10 basis points to 7.1 per cent from 7 per cent while the rate of interest on the Sukanya Samriddhi Account Scheme has been hiked by 20 basis points to 8.2 percent for January-March 2024.

All other small savings schemes will continue to offer the same rate of interest as the previous quarter. IANS/SP

Subscribe to our channels on YouTube and WhatsApp

Download our app on Play Store

Also Read

Dogs have lived alongside humans for millennia, but nowhere are they treated more sacredly than in Nepal: All about Kukur Tihar

Ramayana : 6 Timeless Management Lessons From the Ancient Hindu Text That You Must Imbibe

From being a doctor to cutting off his nine heads: Here are the top 5 lesser-known facts about Ravana

This Diwali, Light Up Small Spaces in Your House: Five Simple Decoration Ideas to Try This Festive Season

Supreme Court judgement ends the decades old Bhakra-Nangal and Beas hydroelectricity dispute; issues relief for Himachal Pradesh