Interest rates on small savings schemes confirmed for the financial year, requiring banks to notify branches and inform subscribers. Government Office Memorandum sets and communicates the interest rates for the Public Provident Fund and the five-year Senior Citizens Savings Scheme for the financial year beginning 01.04.2014, leaving the rates unchanged from the prior year; banks operating these schemes are directed to notify branches and display the rates for subscribers in accordance with the schemes' compounding/payment provisions.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Interest rates on small savings schemes confirmed for the financial year, requiring banks to notify branches and inform subscribers.
Government Office Memorandum sets and communicates the interest rates for the Public Provident Fund and the five-year Senior Citizens Savings Scheme for the financial year beginning 01.04.2014, leaving the rates unchanged from the prior year; banks operating these schemes are directed to notify branches and display the rates for subscribers in accordance with the schemes' compounding/payment provisions.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.