
Similarly, depositors get 7.4% under the senior citizen savings scheme, 143 basis-point higher than the five-year G-sec yield on Wednesday.
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He said the move will help transform the economy from a “sluggish” state to an “efficient” one.
The government on Friday announced steep cuts in interest rates of small savings schemes such as PPF, Kisan Vikas Patra.
“Bleed the ones who pay tax! This #ppf rate cut by #Modi government is so not on, Anti national!,” tweeted…
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