Why are PPF and Sukanya Samriddhi interest rates still so high?!

The government announced the interest rates for small saving schemes yesterday and surprising or should I say unsurprisingly, the interest rates of many schemes, especially the long-term ones like PPF and Sukanya Samriddhi are still too high! Why is the government not sticking to policy? If you are surprised by the title in spite of…

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Public Provident Fund (PPF) Extension Rules Upon Maturity

The extension rules and options available for public provident fund accounts after maturity or after completion of 15 years are discussed. The national savings institute (NSI India) has a wonderful pdf rule booklet with all notifications and clarifications since inception, and this post is entirely based on that. The aim here is to consolidate my…

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The Rate Cut in Perspective

RBI surprised everyone by announcing a 0.25% reduction in repo rate (from 8%) yesterday. ¬†The market welcomed this news with a sharp rise. Several self-proclaimed long-term investors welcomed their ¬†prospective notional gains as enthusiastically as they despaired at their notional losses when the markets ‘crashed’ a few days ago Here is a perspective of ‘where…

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