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The move is expected to prompt banks to lower the deposit rate in line with the small savings rate as offered by the government.

Govt urges banks to sell more small savings schemes

Increased outlets for selling small savings scheme would result in higher mobilisation under the scheme.

20 Oct 2017 6:38 PM IST

Nirmala Sitharaman

Govt wants to revive small savings: Sitharaman

Interest rate has come down to maximum 7.6 per cent in post office schemes, a major destination of small savings.

7 July 2017 7:26 PM IST

The move is expected to prompt banks to lower the deposit rate in line with the small savings rate as offered by the government.

Govt slashes small savings rates by 0.1 per cent

The investment on 5-year Senior Citizens Savings Scheme will yield 8.3 per cent.

30 Jun 2017 5:34 PM IST