Tag: Sukanya Samriddhi Scheme

Why are small savings schemes so important?

On 31 March, the government slashed interest rates on small savings schemes. The Public Provident Fund (PPF) interest rate was cut from 7.1% to 6.4%....

RBI stops 7.75% savings bonds: here are the alternatives

According to Nithin Sasikumar, co-founder of Investography, a financial planning firm, a surge in demand for this relatively high-interest paying instrument due to cuts in...