Small Savings

Govt hikes interest rates on most small savings schemes by up to 70 bps

Rate on National Savings Certificate steeply raised by 70 bps, PPF kept unchanged

Govt hikes interest rates on most small saving schemes for June quarter

The interest rate on the Public Provident Fund has yet again been kept unchanged at 7.1%

Rising India rates to upset PM Modi's Budget math on small savings

Bonds have since pared their gains, with the budget math increasingly looking daunting as commercial interest rates soar tracking a tight monetary policy

Finance Ministry sharply raises small savings rates for March quarter

Small savings rates for 1-year time deposit (6.6 per cent), 2-year time deposit (6.8 per cent) and 3-year time deposit (6.9 per cent) were raised by 110 bps

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Some small savings schemes see up to 30-basis point hike for Q3 of FY23

National Savings Certificate, Public Provident Fund rate kept unchanged

Small savings rate may remain unchanged for Oct-Dec qtr despite RBI moves

If this happens, it will be the 10th straight quarter of status quo; govt official says Centre did not cut rates when policy rates were being cut during pandemic

West Bengal's share in small savings rises to highest since pandemic began

Maharashtra has also seen an increase in net collections in recent years

Returns on small savings remain attractive despite no rate reviews

Investors who want to avoid their long lock-in can choose from a host of other high credit quality options

Once low-profile NSSF now a key player in Centre's finances for past 7 yrs

While govt's market borrowings have doubled from FY16 to FY22, NSSF loans to finance fiscal deficit have grown 11x

Move quickly and lock into current small-saving rates wherever you can

However, do so only if your asset allocation requires you to invest more on the debt side, and you are comfortable with the long lock-in

How NSSF could morph from a rainy-day fund into a huge burden for the govt

Costlier loans from NSSF, at 7.4% interest rate, will occupy more than 10% share in govt's outstanding public debt soon, all to give the small saver a higher interest rate than the market

Covid-19 effect: Small savings cross Rs 1-trillion mark in first 6 months

A record, this is 25% more than last year, and 130% more than the average of the past five years

Covid-19 makes small savings the prime channel for parking individual money

Collections by small savings schemes crossed Rs 1 trillion in April-September for the first time

Small savings lose sheen in FY20 despite premium interest rates

Indicative of a possibility that people redeemed their savings for consumption after a likely loss in incomes

PPF to recurring deposits: Breather for investors in small savings schemes

As cash is priority, you can delay payment. But there will be loss in interest income

Budget 2020: Govt's reliance on small savings makes rate transmission tough

Bond yields will also be under pressure due to Rs 2.7 trillion of switches in FY21, which increases duration risk

Govt retains interest rates on small savings; depositors may cheer decision

A cheer for depositors, the move is contrary to what RBI and banks had advised

In a dim market, investments in small savings instruments jump 37%

In April-June 2019 (Q1FY20), bank deposits grew by Rs 1.14 trillion, according to Reserve Bank of India data

Govt cuts interest rate on small savings schemes by 0.1 pc for Sept quarter

Public Provident Fund (and National Savings Certificate will fetch annual interest rate of 7.9 per cent.