News From Press Is it time for small savings rates to move up now?

Is it time for small savings rates to move up now?

Source: Livemint Jul 18, 2018

The government has decided to keep the interest rate on small savings schemes unchanged for the July-September quarter of the current financial year. Over the last couple of years, interest rates of many small savings schemes have declined about 1 percentage point. With the rise in G-Sec yields over the past few months and the RBI too increasing interest rates, is it now time for the small savings rates to go up? Mint Money spoke to experts

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