Inflation is shooting up and the Government Bond yield is also high. Will this lead to an interest rate hike on small savings schemes, which are due for quarterly review by the Finance Ministry on Wednesday, September 30, 2026?
Small savings interest rates that the ministry will review on Wednesday will be applicable for the October-December 2026 quarter. If the ministry increases the rates, it will be the first rate change since December 2024, when rates for Sukanya Samriddhi Account (SSA) and the 3-year time deposit scheme were increased.