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    <title>Interest Rates of Small Saving Schemes to be recalibrated w.e.f. 1.4.2016 on a Quarterly Basis to align the small saving interest rates with the market rates of the relevant Government securities;</title>
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    <description>Recalibration of small savings interest rates effective 1.4.2016 introduces a quarterly reset mechanism based on FIMMDA month-end G-Sec rates for specified reference months, with notification prior to each quarter to align small saving rates with market yields and aid monetary transmission.</description>
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