Interest Rates of Small Savings Schemes Raised
The government has raised interest rates of Small Savings Schemes such as National Savings Certificate (NSC), Public Provident Fund (PPF), Kisan Vikas Patra (KVP), among others by 30-40 basis points for the quarter Oct- Dec 2018. The last revision in interest rates were made in January-March quarter of 2017-18. In quarter ended-March, the government had reduced interest rates on such schemes by 20 basis points. The interest rate on PPF, Senior Citizen Savings Scheme, KVP, Sukanya Samriddhi Account Scheme and five-year NCS have been increased by 40 basis points, while that of one-year, two-year, three-year time deposit has been increased by 30 basis points.
The Interest of schemes shall be as under : 
