Petition updateRollback Interest rate cut on Small Saving schemes like PPF, Post office deposits etc.
Shocking PPF interest rate calculation if the formula was implemented in year 2001

Gaurav GoyalIndia
30 Mar 2016
Dear friends,
According to attached article, if the new interest rate calculation formula was implemented in year 2001 then we would have got an interest rate of 5.4% in PPF. It is really shockingly low. We are about to hit 50K supporters and it is indeed a big achievement but not enough for our PM and FM to rollback this decision. Requesting you all to share this petition with your friends so that we have their support too.
Thank you all
Copy link
WhatsApp
Facebook
Nextdoor
Email
X