#1
26th April 2013, 11:46 AM
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RBI Interest Rate Hike
please tell me about the latest intrest rates hike of RBI.
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#2
26th April 2013, 04:28 PM
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Re: RBI Interest Rate Hike
The Reserve bank of India announced reduction of 0.1 percent interest rates on Public Provident Fund (PPF) and Senior Citizen Savings Scheme (SCSS) These reduction will be effective from April 1 2013. The rate of interest on PPF has been lowered from 8.8 percent to 8.7 per cent with effect from April 1, 2013. The rate of interest on 5-year SCSS has been reduced to 9.2 percent from 9.3 percent for entire 2013-14 Session. If you want to know more detail about the interest rate ,please let me know, I will provide you proper information. |
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