Kisan Vikas Patra
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Govt cuts interest rates of small savings schemes by 10 bps for July-September quarter
Fp Staff •Schemes that will fetch lower interest are Kisan Vikas Patra (KVP), Public Providend Fund (PPF), among others
Govt cuts interest rate on NSC, PPF and other small savings schemes by 0.1% for July-September quarter
•The government on Friday reduced the interest rate on small savings schemes, including NSC and PPF, by 0.1 percent for the July-September quarter
Govt keeps small savings schemes' interest rates unchanged for July-September quarter
•Interest rates for small savings schemes are notified on a quarterly basis
Govt extends deadline for linking Aadhaar with saving schemes like post office deposits, Kisan Vikas Patra
•"It has now been decided to extend the last date for submission of 'Aadhaar' number from 31 December, 2017 to 31 March, 2018," a Finance Ministry notification said.
Your NSC, PPF returns to dip next quarter as govt cuts rates by 20 bps; banks may cut deposit rates
•PPF and NSC will fetch a lower annual rate of 7.6 percent while KVP will yield 7.3 percent and mature in 11 months.
Government cuts small savings interest rates by 0.2 percentage point; PPF, NSC slashed to 7.6%
•The government slashed interest rates on small savings schemes, including NSC and PPF, by 0.2 percentage point for the January-March period
Aadhaar compulsory for PPF, post office deposits and more; deadline 31 December
•"Provided that where Aadhaar number has not been assigned, the depositor shall submit proof of application of enrolment for Aadhaar," said a government notification.
Govt slashes interest rates by 0.1% on PPF, Kisan Vikas Patra, other small savings schemes
•Kisan Vikas Patra (KVP) investments will yield 7.5 percent and mature in 115 months
PPF, Kisan Vikas Patra interest rates to fall from 1 April, it's time to consider bolder investment options
Sulekha_nair •The common refrain from small savers is that they do not understand financial instruments beyond fixed deposits
PPF rate cut: Why Modi govt is wrong in linking small savings interest rates to bond yields
Muralidharan •It reinforces the depressing view that the Modi government is unsympathetic to the concerns of the small man though the BJP has been winning successive state elections thanks to his unstinted support