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Why PPF Interest Rate Could Fall To Lowest In Nearly 40 Years
PPF rate could fall below 8%, a level never seen since 1979 Interest rates on small saving schemes is revised every quarter now The yields on 10-year benchmark securities are hovering around 3-year low
19 Sep 2016, 11:53 AM IST 
The PPF has a mark-up of 0.25% above the 3-month yield of government securities of similar maturity.
In what could be a big setback to the common man, interest rate on one of the most popular small saving schemes - public provident fund (PPF) - could fall below 8 per cent, a level never seen since 1979.
The interest rates on small saving schemes such as PPF are tied to government debt securities of corresponding maturities. The yields on 10-year benchmark government securities are hovering around multi-year low of 7.17 per cent. Yi...
