An increase in small savings collections is likely to reduce pressure of government borrowing via dated securities and treasury bills in the current fiscal year, the economic affairs secretary told CN

An increase in small savings collections is likely to reduce pressure of government borrowing via dated securities and treasury bills in the current fiscal year, the economic affairs secretary told CN

There is good news for small savers: the government on Friday raised interest rates on post office savings and the public provident fund.

The interest rate paid on a post office savings account has

A committee headed by RBI deputy governor, Ms Shyamala Gopinath, on Tuesday recommended a hike in interest on the post office savings account from 3.5 per cent to four per cent.

The committee has al