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Govt. Decides to Cut Returns on Small Savings Schemes - (17 Feb 2016)

Government has said that interest rates of small saving schemes would be recalibrated on a quarterly basis instead of annual basis from April 1, 2016, to align them with the market rates of the related Government Securities (G-secs). Also announced that it would cut the rates by 25 basis points.

Tags : GOVERNMENT   SMALL SAVINGS SCHEMES  

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