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Small savings interest rates for Jan-Mar 2024 may see slight increase

Interest rates on small savings schemes, while set by the government, are linked to market yields on government securities at a spread of 0-100 basis points over the yield of these securities of similar maturity. ....

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Small savings schemes' interest rates for April-June may see third straight hike

The government has increased interest rates on small savings schemes by up to 140 basis points over the last six months. And if it follows what the formula prescribes, interest rates may be increased further for the first quarter of 2023-24 ....

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