Apr21 to Jun21: Small Savings Interest rates down…
Not good news for small savers and investors in PPF, Kisan Vikas Patra.
Govt has cut interest rates on small savings by 40-90 bps for Apr-June
Cuts PPF rate for Apr-June by 70 bps to 6.4%
Cuts National Savings Certificate rate for Apr-June to 5.9%