Alerts : Small savings rates cut again

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The government has trimmed the interest rates on small savings schemes to the extent of 20 basis points for the last quarter of fiscal 2017-18. However, Post Office savings deposits and the Senior Citizen Savings Scheme have been spared the axe. It has been a testing time for small savers this year as rates have gone downhill steadily. With the latest cuts, most schemes will now offer about 40 ba...
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