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    <title>SAVINGS DEPOSITS TO FETCH MORE.</title>
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    <description>Interest rates on government small savings instruments have been increased, NSC tenures adjusted and a new ten year NSC introduced, while PPF contributions ceiling has been raised; qualifying deposits retain tax advantaged treatment under the income tax deduction framework. Administrative changes include reduced agent commissions with no commission on PPF and senior citizen schemes, withdrawal of the MIS maturity bonus, and an increased lending rate against such deposits. Implementation of certain measures is subject to formal notification.</description>
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    <pubDate>Tue, 15 Nov 2011 13:18:04 +0530</pubDate>
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      <description>Interest rates on government small savings instruments have been increased, NSC tenures adjusted and a new ten year NSC introduced, while PPF contributions ceiling has been raised; qualifying deposits retain tax advantaged treatment under the income tax deduction framework. Administrative changes include reduced agent commissions with no commission on PPF and senior citizen schemes, withdrawal of the MIS maturity bonus, and an increased lending rate against such deposits. Implementation of certain measures is subject to formal notification.</description>
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