Posted inIndia, South Asia

India hikes rates on small savings for Oct-Dec quarter

In a relief to fixed-income investors, the Indian government has raised interest rates on small savings schemes, including National Savings Certificates (NSC) and the Public Provident Fund (PPF), by up to 0.4 percentage point for the October-December quarter, in line with rising deposit rates in the banks. Interest rates for small savings schemes are notified on […]