interest rates

Sukanya Samriddhi Yojana: Increased Interest Rates and Benefits for the Future of Daughters

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Sukanya Samriddhi Yojana

Sukanya Samriddhi Yojana The Modi government has recently announced an increase in the interest rates of the Sukanya Samriddhi Yojana, a government scheme aimed at securing the future of daughters in India. This increase in interest rates is certainly good news for parents who have invested in this scheme or are planning to do so. Let’s take a closer look at the new rates and the impact they can have …

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Government Increases Interest Rates on Small Savings Schemes for January-March 2024

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Small Savings Schemes The government has recently announced a hike in interest rates for two small savings schemes for the period of January–March 2024. This move aims to provide better returns to investors and encourage savings among individuals. The interest rates on these schemes have been raised by 10–20 basis points (bps), indicating a positive outlook for savers and investors. The interest rates for the January–March 2024 quarter of small …

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