Will interest rates of small savings schemes go up on September 30 in the next quarterly review due to high inflation?
· economictimes.indiatimes.com
On September 30, 2026, the Finance Ministry will evaluate interest rates for small savings schemes. With high inflation and increasing G-Sec bond yields, many are speculating about potential rate hikes. Currently, various schemes offer competitive returns exceeding 7%. Despite indicators suggesting adjustments, the government has kept rates steady for several quarters. The upcoming review will clarify the government's stance on these interest rates.
Instruments Rate of Interest w.e.f 01.01.2026 to 31.03.2026 Compounding Frequency Post Office Savings Account 4.00% Annually 1 Year Time Deposit 6.9% (Annual In...