February 11, 2016 12:17 PM

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Govt to revise small savings interest rates quarterly instead of annually: Shaktikanta Das

The government today said it will revise small savings interest rates every quarter, instead of annually. Speaking to reporters in New Delhi, Economic affairs secretary Shaktikanta Das said government will revise small savings rates in a day or two. He said interest rates on girl child, senior citizen schemes will not be reviewed. Mr Das said government keeping a close watch on global developments and prepared to deal with all challenges. He said Indian stock market is better off than other global markets. He, however, said all currencies are declining and drop in rupee not exceptional.

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