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Daily Archives: September 29, 2023

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The interest rate on small savings schemes for October-December 2023 Quarter

Wealth ManagementBy Surendra NaikSeptember 29, 2023

As per a notification by the finance ministry on September 29, the rate of interest on the five-year recurring deposit has been increased to 6.7 percent from 6.5 percent. All other small savings schemes will continue to offer the same rate of interest as they did in July-September. The latest chart of interest for small…

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