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  • News From Press Plan to make PO savings a/c must for small savings schemes shelved

    Plan to make PO savings a/c must for small savings schemes shelved

    Source : ET Mar 30, 2018

    Investors of small savings products can breathe a sigh of relief as the government has dropped its plans of mandatorily crediting the interest and maturity proceeds of such schemes into post office savings accounts. This is as per an office memorandum (OM) issued by the Department of Post on March 23. 


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