Post Office Schemes: Interest rates on deposits, NPS, savings schemes hiked, here is how will you benefit

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Post Office Schemes: Interest rates on deposits, NPS, savings schemes hiked, here is how will you benefit

The returns on Kisan Vikas Patra (KVP) and the National Savings Certificate (NSC) were raised to 7.2 percent and 7 percent, respectively, this means a 20 bps hike with one bps being equal to 0.01 percent.