According to the report, Public Provident Fund (PPF) and National Savings Certificate (NSC) will continue to carry an annual interest rate of 7.1 per cent and 6.8 per cent, respectively, in the first quarter.
An in-principle approval letter has been issued to Maharashtra for an amount of Rs.600 crore for reviving and upgrading various ITIs/ polytechnics under the SIDBI Cluster Development Fund (SCDF).