Savings interest rate cut rollback: Oversight or political hindsight?

India Today
India Today
  • 3 years ago
The Centre on Thursday withdrew its order slashing interest rates on small savings schemes, including National Savings Certificates (NSC) and Public Provident Fund (PPF), for the first quarter of 2021-22. Finance Minister Nirmala Sitharaman said the it was an "oversight" -- a move being seen as an attempt by the BJP to contain the fallout of such a decision hitting common people amid the ongoing elections in West Bengal and Assam.

Recommended

2:48
I
Up next
Opposition slams Centre after prompt rollback of cut in interest rates on small saving schemes
India Today
3:19
Poori Khabar: Government gives a savings shocker; PPF interest rate cut to 8.1% starting April
ABP NETWORK
1:10
Big news: PPF, small savings interest rate cut reversed | Oneindia News
Oneindia
2:00
SBI Cuts Interest Rate On Savings Deposit | Oneindia Kannada
Oneindia Kannada
0:58
Now That Interest Rates Have Fallen, Here's What to Do With Your High-Interest Savings Account
Real Simple
3:14
UK Interest Rates: Bank of England cuts interest rate to 0.25%, Sarah Morice reports
TRT World
0:38
Fed Chair Powell Stresses Caution on Interest Rate Cuts, Stresses Need for Confidence in Inflation Trend Before Rate Cuts
Benzinga
0:56
DOE: Oil price rollbacks to continue if US pushes through with hiking interest rates
PTVPhilippines
3:05
Savings: How to beat low interest rates on many accounts
National World - LocalTV
0:48
Martin Lewis gives critical advice for savings accounts as interest rates held
The Independent
13:25
Best Savings Accounts in Singapore with Highest Interest Rates 2023
Seang Info
1:47
Modi government hikes interest rates on small savings like PPF, NSC for Oct-Dec quarter
Inkhabar
0:38
Interest Rates On Savings Accounts Are Pathetic. Here's Why You Should Still Have One
Wochit
1:00
Bank savings account rates 2023: How much interest are the UK's biggest banks offering to its customers?
National World - LocalTV
0:24
What are high-interest savings accounts? How can you offer such high rates?
Savings Account Interest Rates
0:49
How to Earn a Higher Interest Rate on Your Savings Through Online Banking
Real Simple
1:35
Govt Slashes Interest Rates On Small Savings, PPF From April 1
Odisha TV
2:40
RBI’s Move To Link Interest Rates With Repo May Hurt Consumer’s Savings
GoNewsIndia
3:45
Centre withdraws order cutting interest rates on small savings schemes
India Today
2:25
Fed keeps benchmark interest rate unchanged, but signals rate cuts in future
Arirang News

India Today

7:15
Digvijaya Singh in race for Congress president post
India Today
23:00
Priyank Sharma, Dhanashree Verma share memories of Maine Payal Hai Chhankai, working with Neha Kakkar | Exclusive
India Today
4:38
Ashok Gehlot reaches Delhi to meet Congress leader Sonia Gandhi
India Today
1:35:11
After sweeping pan-India raids, Centre bans radical outfit PFI over alleged terror funding; more
India Today
45:31
Assam CM welcomes ban on PFI, says radicals will be dealt with iron fist; more
India Today
47:01
PFI, 8 associated fronts now declared 'unlawful organisations'; Congress demands RSS ban; more
India Today

Featured channels

More from
HW News Network
More from
OutlookIndia
More from
HW News English
More from
HW News Marathi
More from
Comedy Tadka
More from
Tuk Tuk TV