small savings

Sukanya Samriddhi Yojana, Senior Citizen Savings to PPF Small savings rates unchanged for Oct-Dec quarter: PPF gives 7.1 % interest

TheSpuzz Desk3 months ago04 mins

Source: Business Standard 2 min read Last Updated : Oct 01 2024 | 1:41 PM IST The Finance Ministry on Monday kept interest rates of small saving schemes unchanged for the October-December 2024 quarter, with Sukanya Samriddhi and Senior Citizen Savings Scheme offering 8.2 per cent interest rate. Click here to connect…

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

TheSpuzz Desk3 months ago07 mins

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…