Is your PPF or Sukanya Samriddhi account at risk? Here’s what you need to know

Is your PPF or Sukanya Samriddhi account at risk? Here’s what you need to know

Source: Live Mint India’s small savings schemes, long cherished for their high interest rates, are under the scanner. The government has announced a strict crackdown on irregular Public Provident Fund (PPF) and Sukanya Samriddhi Account (SSA) accounts, stripping them of their attractive 7.1% and 8.2% interest rates. Instead, such accounts will either earn no interest…

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Kross IPO subscribed 88% on Day 1, driven by retail investor interest at 1.50x | Stock Market News

Kross IPO subscribed 88% on Day 1, driven by retail investor interest at 1.50x | Stock Market News

Source: Live Mint Kross Ltd IPO subscription status: Kross Ltd, a Jamshedpur-based company specializing in manufacturing trailer axles and suspension assemblies, opened its Initial Public Offering (IPO) for subscription on September 9. The three-day IPO will close on September 11, with anchor investor bidding held on September 6. As of September 9, on BSE the…

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