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    Shritama Bose

    Special Correspondent

    Moneycontrol

    Explained | Why do small savings rates matter so much, how do they affect banks and other questions answered

    BUSINESS

    Explained | Why do small savings rates matter so much, how do they affect banks and other questions answered

    The government’s small savings schemes compete with bank deposits and any change in their rates has an impact on banks’ ability to price deposits.

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