September 25, 2023 10:50 (IST)
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Indian Govt hikes interest rate on small savings schemes by up to 70 basis points for Q1, you will earn more interest in these schemes now

Indian Govt hikes interest rate on small savings schemes by up to 70 basis points for Q1, you will earn more interest in these schemes now

New Delhi: The government on Friday announced hike in interest rates on various small savings schemes such as Senior Citizens Savings scheme, Sukanya Samriddhi Account and National Savings Certificate by upto 70 basis points for April-June quarter (Q1) of financial year 2023-24.