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    <title>Interest rate on the long term saving deposits in post offices</title>
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    <description>Bank term deposit rates are deregulated and determined by banks under Board approved policies, whereas administered interest rates for Small Savings Schemes are linked to government securities of comparable maturity; this contrast affects the pricing and competitiveness of post office deposits. The government has promoted existing savings schemes through nationwide publicity and financial inclusion measures, including the Jan Dhan Yojana, and post office savings accounted for a significant share of savings scheme deposits.</description>
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    <pubDate>Fri, 18 Nov 2016 17:59:33 +0530</pubDate>
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