While investors with a high-risk appetite are savouring the high returns of 30 per cent given by Nifty50 in the fiscal year 2024, there are millions of conservative investors who remain content with their considerable exposure to fixed-income instruments. Additionally, some aggressive investors allocate a portion of their portfolio to debt instruments to keep a …
The government on Friday, March 8, left the interest rates unchanged on various small savings schemes for the first quarter of the next fiscal, beginning April 1, 2024. A notification in this regard has been issued by the finance ministry today. “The rates of interest on various small savings schemes for the first quarter of …
Retail investors are usually in the lookout for investing options that are safe and secure. One such safe and secure option is ‘small savings scheme’ which are government-run investment schemes and provide safe investing options to retail investors. These schemes offer guaranteed returns at regular intervals compounded monthly, quarterly or annually as the case may …
The government raised the interest rate on five-year recurring deposit scheme to 6.7 per cent from 6.5 per cent for the October-December quarter and retained the rates for all other small savings schemes on Friday, September 29. According to a finance ministry circular, the interest rate on savings deposit has been retained at 4 per …