The Central Government reviews the interest rates of small savings schemes every quarter based on the G-Secs yields of the previous three months. To know whether there will be a hike in post office schemes for the October-December quarter, you need to understand how the interest rates are calculated first. There are set formulae for mark-ups over the previous three months’ average yield of relevant G-Secs of comparable maturity. Find out what experts suggest.
from Personal Finance News-Wealth-Economic Times https://ift.tt/CfFXATN
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