Retirement fund body EPFO is expected to keep interest rate unchanged at 8.65 per cent on provident funds for its about 50 million members for 2017-18 at its trustees' meet on February 21, 2018, sources said.The Employees Provident Fund Organisation (EPFO) has already sold exchange traded funds (ETF) worth Rs 28.86 billion earlier this month to bridge the gap to maintain 8.65 per cent for this fiscal, they said.The EPFO had announced 8.65 per cent rate of interest on deposits for 2016-17, a tad lower than 8.8 per cent in 2015- 16.
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