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<h1>India Sets Interest Rates for Small Savings Schemes for Q4 2016-17; Banks to Inform Subscribers Promptly.</h1> The Government of India issued a directive on December 30, 2016, detailing the interest rates for various small savings schemes for the fourth quarter of the financial year 2016-17. This information was communicated to agency banks handling schemes such as the Public Provident Fund, Kisan Vikas Patra, Sukanya Samriddhi Account, and the Senior Citizen Savings Scheme. Banks were instructed to inform their branches and display this information on notice boards for subscribers' awareness.