Interest on small savings schemes hiked by up to 70 bps for the April-June 2023 quarter
Today, the government has hiked the interest rates of small savings schemes by up to 70 bps (One percentage point is equivalent to 100 basis points.) for the April-June 2023 quarter. The latest chart of interest for small savings instruments for the Q1 (April 1 to June 30) of 2023 is as under. Scheme Rate…