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Small savings may be rewarding

Small savings may be rewarding Updated: Updated: May 23, 2021 21:42 IST With the possibility of a downward revision in rates looming, it’s time to consider your options here Share Article AAA With the possibility of a downward revision in rates looming, it’s time to consider your options here We are all aware of the flurry of activity that happened at the start of the current financial year: interest rates on Small Savings Schemes, of which the Post Office Schemes are a part, were reduced drastically through a government notification, on March 31. The very next day, the order was withdrawn and the erstwhile rates were maintained.

Curious case of revision and rollback of interest rate cut for small savings schemes | RTI

Curious case of revision and rollback of interest rate cut for small savings schemes | RTI Curious case of revision and rollback of interest rate cut for small savings schemes | RTI An RTI application filed by India Today TV has revealed why interest rate cuts on small savings schemes were rolled back in less than a day after the initial announcement. While Finance Minister Nirmala Sitharaman said it was an oversight , the RTI query reveals a different story. advertisement UPDATED: May 20, 2021 20:18 IST The interest rate cuts on various small savings schemes were rolled back by the government on April 1, just a day after the revision. (Photo: Reuters/Representational image)

Is this a good time to lock money in SCSS?

Morning Brief: Cold savings realities: Is the interest rate cycle on small savings schemes bottoming out?

Morning Brief (ET Bureau) Rachita Prasad | 23:58 Min | April 06, 2021, 8:00 AM IST The government s overnight u-turn on the slashing of interest rates for small savings schemes raised eyebrows. Financial planner Melvin Joseph and ET s Sugata Ghosh talk about the significance of such schemes and suggest that even though a cut remains imminent, the interest rate cycle may be bottoming out. Tags

SBI fixed deposits or Post Office deposit? Check latest interest rates, other key details here

SBI fixed deposits or Post Office deposit? Check latest interest rates, other key details here
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