Small Savings

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.

Finmin wants to cut EPF rates by 50 bps: Will it give way to better investments?

The Finance Ministry has been following the cost reduction approach in the process spurning and undermining the more demanding income-enhancement approach.

Pushing margin-hungry banks to cut loan rates may not augur well for savers

Following the latest rate cut from the RBI by a higher-than-expected 50 bps, banks have begun cutting their base rates in the last two days.

Govt to review interest rate on small saving schemes: Das

With small saving deposits commanding an interest rate of 8.7 to 9.3 percent, banks have been reluctant to transmit the entire policy rate cut by RBI to borrowers.

Small savings rate cuts will burden common man: Mamata

"It is very disturbing. This will again put more burden on millions of small savers, senior citizens, NSC-holders and other common people, who are already badly affected by high inflation," Banerjee said.