Good News! Govt to hike interest rates for PPF-Sukanya Samriddhi holders, say reports

With the onset of the festival season, the Central government is all set make happy announcements. According to reports, the Narendra Modi government may increase the interest rates for the investments in the Public Provident Fund Account (PPF)-Sukanya Samriddhi scheme.The quarterly review of interest rates of small savings schemes like PPF, Sukanya Samriddhi, Senior Citizens Saving Schemes is expected to be done by the Finance Ministry this month. 

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