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Interest rate on the long term saving deposits in post offices

News and Press Release - Dated:- 18-11-2016 - Interest rates on bank deposits are not uniform and vary from bank to bank. Hence, a one-on-one comparison of interest rates may not be possible. The interest rates on term deposits are deregulated and they are determined by the banks themselves as per their Board approved policies. In contrast interest rates on Small Savings Schemes are administered interest rates linked to G-Sec rate of comparable maturity. The percentage of savings in the savings .....

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