FIXED DEPOSIT, PROVIDENT FUND INTEREST RATES WILL COME DOWN
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With falling inflation, interest rates are coming down all over the world. In fact India currently has the highest fixed deposit and borrowing interest rates. With sharply lower inflation, RBI is cutting key interest rates and in turn the government will soon lower all deposit interest rates of FDs, National Savings Schemes, Post Office Savings and Public Provident Funds.
Source: Times of India
- 15 Jan 2016
- WerIndia
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