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Ministry of Finance withdraws order reducing interest rates for Small Savings Schemes

Earlier on Wednesday, the ministry had issued orders reducing interest rates for first quarter of the new financial year starting 1st April 2021.

The Ministry of Finance on Thursday withdrew the order reducing interest rates for Small Savings Scheme. The order issued on 31st March had slashed the interest rates for Public Provident Fund (PPF) and other small savings schemes for the June quarter.

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