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First EPFO interest rate hike since FY'19

2023 • 6min • News • Business

Informative

Published On: March 28, 2023 - In partial relief for around six crore subscribers of EPFO, the retirement fund body has announced an interest rate of 8.15 percent, a tad higher than the 8.10 percent rate given last fiscal. Economist Arun Kumar joins in for a stimulating discussion on the reasons behind the paltry hike by EPFO and safe retirement saving investment avenues left for the Aam Aadmi.