{"id":5397,"date":"2022-06-30T07:12:09","date_gmt":"2022-06-30T07:12:09","guid":{"rendered":"https:\/\/bankkaro.com\/blog\/?post_type=web-story&#038;p=5397"},"modified":"2022-06-30T07:26:39","modified_gmt":"2022-06-30T07:26:39","slug":"ppf-ssy-kvp-interest-rate-hike-july","status":"publish","type":"web-story","link":"https:\/\/bankkaro.com\/blog\/web-stories\/ppf-ssy-kvp-interest-rate-hike-july\/","title":{"rendered":"PPF, SSY, KVP interest rate hike expected in July"},"content":{"rendered":"<p><html amp=\"\" lang=\"en\"><head><meta charSet=\"utf-8\"\/><meta name=\"viewport\" content=\"width=device-width,minimum-scale=1,initial-scale=1\"\/><script async=\"\" src=\"https:\/\/cdn.ampproject.org\/v0.js\"><\/script><script async=\"\" src=\"https:\/\/cdn.ampproject.org\/v0\/amp-story-1.0.js\" custom-element=\"amp-story\"><\/script><link href=\"https:\/\/fonts.googleapis.com\/css2?display=swap&amp;family=Roboto%3Awght%40400%3B700\" rel=\"stylesheet\"\/>\n<style amp-boilerplate=\"\">body{-webkit-animation:-amp-start 8s steps(1,end) 0s 1 normal both;-moz-animation:-amp-start 8s steps(1,end) 0s 1 normal both;-ms-animation:-amp-start 8s steps(1,end) 0s 1 normal both;animation:-amp-start 8s steps(1,end) 0s 1 normal both}@-webkit-keyframes -amp-start{from{visibility:hidden}to{visibility:visible}}@-moz-keyframes -amp-start{from{visibility:hidden}to{visibility:visible}}@-ms-keyframes -amp-start{from{visibility:hidden}to{visibility:visible}}@-o-keyframes -amp-start{from{visibility:hidden}to{visibility:visible}}@keyframes -amp-start{from{visibility:hidden}to{visibility:visible}}<\/style>\n<p><noscript><\/p>\n<style amp-boilerplate=\"\">body{-webkit-animation:none;-moz-animation:none;-ms-animation:none;animation:none}<\/style>\n<p><\/noscript><\/p>\n<style amp-custom=\"\">\n              h1, h2, h3 { font-weight: normal; }<\/p>\n<p>              amp-story-page {\n                background-color: #131516;\n              }<\/p>\n<p>              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Neue\", sans-serif;;\n                font-size: calc(4 * var(--story-page-vw));\n                line-height: 1.4;\n                word-break: break-word;\n                word-wrap: break-word;\n                overflow-wrap: break-word;\n              }\n              <\/style>\n<p><meta name=\"web-stories-replace-head-start\"\/><title>PPF, SSY, KVP interest rate hike expected in July<\/title><link rel=\"canonical\" href=\"https:\/\/bankkaro.com\/blog\/?post_type=web-story&amp;p=5397\"\/><meta name=\"web-stories-replace-head-end\"\/><\/head><body><amp-story standalone=\"\" publisher=\"BankKaro Blog\" publisher-logo-src=\"https:\/\/bankkaro.com\/blog\/wp-content\/uploads\/2022\/05\/Bk-Story.png\" title=\"PPF, SSY, KVP interest rate hike expected in July\" poster-portrait-src=\"https:\/\/bankkaro.com\/blog\/wp-content\/uploads\/2022\/06\/cropped-micheile-dot-com-ZVprbBmT8QA-unsplash-scaled-1.jpg\"><amp-story-page id=\"56bec09a-75c5-4294-9222-e6181a1e0104\" auto-advance-after=\"7s\"><amp-story-grid-layer template=\"vertical\" aspect-ratio=\"412:618\" class=\"grid-layer\"><\/p>\n<div class=\"page-fullbleed-area\" style=\"background-color:#1263ff\">\n<div class=\"page-safe-area\">\n<div style=\"position:absolute;pointer-events:none;left:0;top:-9.25926%;width:100%;height:118.51852%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0\" class=\"mask\" id=\"el-5be1b48c-c7e1-4e61-8517-01f2cb9f8692\">\n<div class=\"fill\" style=\"will-change:transform\"><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p><\/amp-story-grid-layer><amp-story-grid-layer template=\"vertical\" aspect-ratio=\"412:618\" class=\"grid-layer\"><\/p>\n<div class=\"page-fullbleed-area\">\n<div class=\"page-safe-area\">\n<div style=\"position:absolute;pointer-events:none;left:12.86408%;top:3.8835%;width:73.54369%;height:11.32686%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0;border-radius:0.6600660066006601% 0.6600660066006601% 0.6600660066006601% 0.6600660066006601% \/ 2.857142857142857% 2.857142857142857% 2.857142857142857% 2.857142857142857%\" id=\"el-c2b34ccc-5337-4694-b3a6-9ae747dd5f64\">\n<h2 id=\"ppf-ssy-interest-rate-hike-expected-in-july\" class=\"fill text-wrapper\" style=\"white-space:pre-wrap;overflow-wrap:break-word;word-break:break-word;margin:-0.08763407590759031% 0;font-family:&quot;Roboto&quot;,sans-serif;font-size:0.474110em;line-height:1.19;text-align:center;padding:0;color:#000000\"><span><span style=\"font-weight: 700; color: #fff\">PPF, SSY interest rate hike expected in July<\/span><\/span><\/h2>\n<\/div>\n<\/div>\n<div style=\"position:absolute;pointer-events:none;left:16.01942%;top:66.01942%;width:67.47573%;height:14.56311%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0;border-radius:0.7194244604316548% 0.7194244604316548% 0.7194244604316548% 0.7194244604316548% \/ 2.2222222222222223% 2.2222222222222223% 2.2222222222222223% 2.2222222222222223%;background-clip:content-box;background-color:#000\" id=\"el-86d587f1-5154-4d57-a964-1db38645b7d1\">\n<h3 id=\"the-expected-rate-hikes-come-after-subsequent-rbi-repo-rate-hikes\" class=\"fill text-wrapper\" style=\"white-space:pre-wrap;overflow-wrap:break-word;word-break:break-word;margin:-0.11634442446043128% 0;font-family:&quot;Roboto&quot;,sans-serif;font-size:0.372168em;line-height:1.2;text-align:center;padding:1.4388489208633095% 2.877697841726619%;color:#000000\"><span><span style=\"font-weight: 700; color: #fff\">The expected rate hikes come after subsequent RBI repo rate hikes<\/span><\/span><\/h3>\n<\/div>\n<\/div>\n<div style=\"position:absolute;pointer-events:none;left:11.65049%;top:89.64401%;width:56.79612%;height:3.72168%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0;border-radius:0.8547008547008548% 0.8547008547008548% 0.8547008547008548% 0.8547008547008548% \/ 8.695652173913043% 8.695652173913043% 8.695652173913043% 8.695652173913043%\" id=\"el-02b33976-b2cf-4c3d-af50-c00a3a619ae3\">\n<p class=\"fill text-wrapper\" style=\"white-space:pre-wrap;overflow-wrap:break-word;word-break:break-word;margin:-0.1201923076923077% 0;font-family:&quot;Roboto&quot;,sans-serif;font-size:0.323625em;line-height:1.2;text-align:left;padding:0;color:#000000\"><span><span style=\"font-weight: 700\">Here are the details<\/span><\/span><\/p>\n<\/div>\n<\/div>\n<div style=\"position:absolute;pointer-events:none;left:14.56311%;top:25.56634%;width:68.68932%;height:29.77346%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0\" class=\"mask\" id=\"el-ba4bee56-2222-4265-8b27-3accde733dbc\">\n<div style=\"position:absolute;width:100%;height:102.52594%;left:0%;top:-1.26297%\" data-leaf-element=\"true\"><amp-img layout=\"fill\" src=\"https:\/\/images.unsplash.com\/photo-1579621970563-ebec7560ff3e?ixid=MnwxMzcxOTN8MHwxfHNlYXJjaHwyfHxzYXZpbmd8ZW58MHx8fHwxNjU2NTIwNDI2&amp;ixlib=rb-1.2.1&amp;fm=jpg&amp;w=4979&amp;h=3319&amp;fit=max\" alt=\"green plant on brown round coins\" srcSet=\"https:\/\/images.unsplash.com\/photo-1579621970563-ebec7560ff3e?ixid=MnwxMzcxOTN8MHwxfHNlYXJjaHwyfHxzYXZpbmd8ZW58MHx8fHwxNjU2NTIwNDI2&amp;ixlib=rb-1.2.1&amp;fm=jpg&amp;w=4979&amp;h=3319&amp;fit=max 4979w,https:\/\/images.unsplash.com\/photo-1579621970563-ebec7560ff3e?ixid=MnwxMzcxOTN8MHwxfHNlYXJjaHwyfHxzYXZpbmd8ZW58MHx8fHwxNjU2NTIwNDI2&amp;ixlib=rb-1.2.1&amp;fm=jpg&amp;w=3983&amp;h=2655&amp;fit=max 3983w,https:\/\/images.unsplash.com\/photo-1579621970563-ebec7560ff3e?ixid=MnwxMzcxOTN8MHwxfHNlYXJjaHwyfHxzYXZpbmd8ZW58MHx8fHwxNjU2NTIwNDI2&amp;ixlib=rb-1.2.1&amp;fm=jpg&amp;w=2987&amp;h=1991&amp;fit=max 2987w,https:\/\/images.unsplash.com\/photo-1579621970563-ebec7560ff3e?ixid=MnwxMzcxOTN8MHwxfHNlYXJjaHwyfHxzYXZpbmd8ZW58MHx8fHwxNjU2NTIwNDI2&amp;ixlib=rb-1.2.1&amp;fm=jpg&amp;w=1991&amp;h=1327&amp;fit=max 1991w,https:\/\/images.unsplash.com\/photo-1579621970563-ebec7560ff3e?ixid=MnwxMzcxOTN8MHwxfHNlYXJjaHwyfHxzYXZpbmd8ZW58MHx8fHwxNjU2NTIwNDI2&amp;ixlib=rb-1.2.1&amp;fm=jpg&amp;w=995&amp;h=663&amp;fit=max 995w,https:\/\/images.unsplash.com\/photo-1579621970563-ebec7560ff3e?ixid=MnwxMzcxOTN8MHwxfHNlYXJjaHwyfHxzYXZpbmd8ZW58MHx8fHwxNjU2NTIwNDI2&amp;ixlib=rb-1.2.1&amp;fm=jpg&amp;w=340&amp;h=227&amp;fit=max 340w\" sizes=\"(min-width: 1024px) 31vh, 69vw\" disable-inline-width=\"true\"><\/amp-img><\/div>\n<\/div>\n<\/div>\n<div style=\"position:absolute;pointer-events:none;left:58.49515%;top:83.81877%;width:25%;height:15.69579%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0\" id=\"el-95510c57-c017-4e5d-aae8-9eb9b8f9156d\"><svg style=\"display:block;position:absolute;top:0;height:100%;width:auto\" viewBox=\"0 0 18 17\" fill=\"none\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><title>Arrow<\/title><path d=\"M16.8371 7.04675L10.4371 0.24707L8.83708 1.75308L13.4942 6.70109H0.0371094V8.89842H16.0371C16.4754 8.89842 16.8718 8.63788 17.0457 8.23551C17.2195 7.83314 17.1376 7.36593 16.8371 7.04675Z\" fill=\"#F9F3E9\"><\/path><path d=\"M14.1383 9.78401L8.85498 15.3973L10.3635 17L15.6468 11.3867L14.1383 9.78401Z\" fill=\"#F9F3E9\"><\/path><\/svg><\/div>\n<\/div>\n<\/div>\n<\/div>\n<p><\/amp-story-grid-layer><\/amp-story-page><amp-story-page id=\"7b57476a-a961-4824-b9a9-39d06a3e81d0\" auto-advance-after=\"7s\"><amp-story-grid-layer template=\"vertical\" aspect-ratio=\"412:618\" class=\"grid-layer\"><\/p>\n<div class=\"page-fullbleed-area\" style=\"background-color:#1263ff\">\n<div class=\"page-safe-area\">\n<div style=\"position:absolute;pointer-events:none;left:0;top:-9.25926%;width:100%;height:118.51852%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0\" class=\"mask\" id=\"el-52644a0b-d0c6-4028-99a1-2c9688d731de\">\n<div class=\"fill\" style=\"will-change:transform\"><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p><\/amp-story-grid-layer><amp-story-grid-layer template=\"vertical\" aspect-ratio=\"412:618\" class=\"grid-layer\"><\/p>\n<div class=\"page-fullbleed-area\">\n<div class=\"page-safe-area\">\n<div style=\"position:absolute;pointer-events:none;left:14.80583%;top:2.589%;width:69.66019%;height:8.09061%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0;border-radius:0.6968641114982579% 0.6968641114982579% 0.6968641114982579% 0.6968641114982579% \/ 4% 4% 4% 4%;background-clip:content-box;background-color:#000\" id=\"el-6de9ea13-b7e6-4f5f-941b-809cc0f8c559\">\n<h1 id=\"background\" class=\"fill text-wrapper\" style=\"white-space:pre-wrap;overflow-wrap:break-word;word-break:break-word;margin:-0.11367595818815267% 0;font-family:&quot;Roboto&quot;,sans-serif;font-size:0.582524em;line-height:1.19;text-align:center;padding:1.3937282229965158% 2.7874564459930316%;color:#000000\"><span><span style=\"font-weight: 700; color: #fff\">Background<\/span><\/span><\/h1>\n<\/div>\n<\/div>\n<div style=\"position:absolute;pointer-events:none;left:17.96117%;top:22.49191%;width:63.34951%;height:14.56311%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0;border-radius:0.7662835249042145% 0.7662835249042145% 0.7662835249042145% 0.7662835249042145% \/ 2.2222222222222223% 2.2222222222222223% 2.2222222222222223% 2.2222222222222223%;background-clip:content-box;background-color:#000\" id=\"el-12a3641e-8034-48a5-a3b2-a1859d6ce06b\">\n<h3 id=\"ppf-or-public-provident-fund-is-a-tax-saving-savings-scheme\" class=\"fill text-wrapper\" style=\"white-space:pre-wrap;overflow-wrap:break-word;word-break:break-word;margin:-0.12392241379310305% 0;font-family:&quot;Roboto&quot;,sans-serif;font-size:0.372168em;line-height:1.2;text-align:center;padding:1.532567049808429% 3.065134099616858%;color:#000000\"><span><span style=\"color: #fff\">PPF or Public Provident Fund is a tax-saving savings scheme<\/span><\/span><\/h3>\n<\/div>\n<\/div>\n<div style=\"position:absolute;pointer-events:none;left:20.38835%;top:46.60194%;width:58.25243%;height:19.7411%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0;border-radius:0.8333333333333334% 0.8333333333333334% 0.8333333333333334% 0.8333333333333334% \/ 1.639344262295082% 1.639344262295082% 1.639344262295082% 1.639344262295082%;background-clip:content-box;background-color:#000\" id=\"el-1ec444c0-af4f-475c-8794-1a1c5ad54d75\">\n<h3 id=\"other-schemes-like-ssy-kvp-and-post-office-schemes-also-exist\" class=\"fill text-wrapper\" style=\"white-space:pre-wrap;overflow-wrap:break-word;word-break:break-word;margin:-0.14062499999999942% 0;font-family:&quot;Roboto&quot;,sans-serif;font-size:0.388350em;line-height:1.2;text-align:center;padding:1.6666666666666667% 3.3333333333333335%;color:#000000\"><span><span style=\"color: #fff\">Other schemes like SSY, KVP, and post office schemes also exist<\/span><\/span><\/h3>\n<\/div>\n<\/div>\n<div style=\"position:absolute;pointer-events:none;left:20.63107%;top:76.05178%;width:58.25243%;height:14.56311%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0;border-radius:0.8333333333333334% 0.8333333333333334% 0.8333333333333334% 0.8333333333333334% \/ 2.2222222222222223% 2.2222222222222223% 2.2222222222222223% 2.2222222222222223%;background-clip:content-box;background-color:#000\" id=\"el-5e389bcb-a348-4773-8b1d-a66f331cba9f\">\n<h3 id=\"their-rates-are-usually-influenced-by-rbi-repo-rates\" class=\"fill text-wrapper\" style=\"white-space:pre-wrap;overflow-wrap:break-word;word-break:break-word;margin:-0.13476562499999956% 0;font-family:&quot;Roboto&quot;,sans-serif;font-size:0.372168em;line-height:1.2;text-align:center;padding:1.6666666666666667% 3.3333333333333335%;color:#000000\"><span><span style=\"color: #fff\">Their rates are usually influenced by RBI repo rates<\/span><\/span><\/h3>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p><\/amp-story-grid-layer><\/amp-story-page><amp-story-page id=\"43d85d0f-b997-4257-9102-87ad78b52243\" auto-advance-after=\"7s\"><amp-story-grid-layer template=\"vertical\" aspect-ratio=\"412:618\" class=\"grid-layer\"><\/p>\n<div class=\"page-fullbleed-area\" style=\"background-color:#1263ff\">\n<div class=\"page-safe-area\">\n<div style=\"position:absolute;pointer-events:none;left:0;top:-9.25926%;width:100%;height:118.51852%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0\" class=\"mask\" id=\"el-53a3f6e6-f19a-4520-93d8-5f1c87d41d3f\">\n<div class=\"fill\" style=\"will-change:transform\"><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p><\/amp-story-grid-layer><amp-story-grid-layer template=\"vertical\" aspect-ratio=\"412:618\" class=\"grid-layer\"><\/p>\n<div class=\"page-fullbleed-area\">\n<div class=\"page-safe-area\">\n<div style=\"position:absolute;pointer-events:none;left:14.80583%;top:2.589%;width:69.66019%;height:15.04854%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0;border-radius:0.6968641114982579% 0.6968641114982579% 0.6968641114982579% 0.6968641114982579% \/ 2.1505376344086025% 2.1505376344086025% 2.1505376344086025% 2.1505376344086025%;background-clip:content-box;background-color:#000\" id=\"el-b10df228-8bbf-4520-8582-f4383caaf275\">\n<h1 id=\"what-has-happened\" class=\"fill text-wrapper\" style=\"white-space:pre-wrap;overflow-wrap:break-word;word-break:break-word;margin:-0.11367595818815267% 0;font-family:&quot;Roboto&quot;,sans-serif;font-size:0.582524em;line-height:1.19;text-align:center;padding:1.3937282229965158% 2.7874564459930316%;color:#000000\"><span><span style=\"font-weight: 700; color: #fff\">What has happened?<\/span><\/span><\/h1>\n<\/div>\n<\/div>\n<div style=\"position:absolute;pointer-events:none;left:17.96117%;top:25.24272%;width:63.34951%;height:18.93204%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0;border-radius:0.7662835249042145% 0.7662835249042145% 0.7662835249042145% 0.7662835249042145% \/ 1.7094017094017095% 1.7094017094017095% 1.7094017094017095% 1.7094017094017095%;background-clip:content-box;background-color:#000\" id=\"el-c218ec01-9c02-4b76-bca0-a83e4076549c\">\n<h3 id=\"the-savings-scheme-rates-are-fixed-on-the-basis-of-shyamala-gopinath-committee\" class=\"fill text-wrapper\" style=\"white-space:pre-wrap;overflow-wrap:break-word;word-break:break-word;margin:-0.12392241379310305% 0;font-family:&quot;Roboto&quot;,sans-serif;font-size:0.372168em;line-height:1.2;text-align:center;padding:1.532567049808429% 3.065134099616858%;color:#000000\"><span><span style=\"color: #fff\">The savings scheme rates are fixed on the basis of Shyamala Gopinath Committee<\/span><\/span><\/h3>\n<\/div>\n<\/div>\n<div style=\"position:absolute;pointer-events:none;left:20.38835%;top:52.10356%;width:58.25243%;height:14.56311%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0;border-radius:0.8333333333333334% 0.8333333333333334% 0.8333333333333334% 0.8333333333333334% \/ 2.2222222222222223% 2.2222222222222223% 2.2222222222222223% 2.2222222222222223%;background-clip:content-box;background-color:#000\" id=\"el-fc8774fb-4f99-47a8-b44b-114eb150d521\">\n<h3 id=\"they-are-to-follow-market-rates-when-possible\" class=\"fill text-wrapper\" style=\"white-space:pre-wrap;overflow-wrap:break-word;word-break:break-word;margin:-0.13476562499999956% 0;font-family:&quot;Roboto&quot;,sans-serif;font-size:0.372168em;line-height:1.2;text-align:center;padding:1.6666666666666667% 3.3333333333333335%;color:#000000\"><span><span style=\"color: #fff\">They are to follow market rates when possible<\/span><\/span><\/h3>\n<\/div>\n<\/div>\n<div style=\"position:absolute;pointer-events:none;left:20.63107%;top:74.59547%;width:58.25243%;height:14.23948%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0;border-radius:0.8333333333333334% 0.8333333333333334% 0.8333333333333334% 0.8333333333333334% \/ 2.272727272727273% 2.272727272727273% 2.272727272727273% 2.272727272727273%;background-clip:content-box;background-color:#000\" id=\"el-f01ddf9f-e243-4ce9-97c4-e8bd16c736d1\">\n<h3 id=\"a-rbi-repo-rate-hike-is-prompting-rate-hike-in-these-schemes\" class=\"fill text-wrapper\" style=\"white-space:pre-wrap;overflow-wrap:break-word;word-break:break-word;margin:-0.1318359375% 0;font-family:&quot;Roboto&quot;,sans-serif;font-size:0.364078em;line-height:1.2;text-align:center;padding:1.6666666666666667% 3.3333333333333335%;color:#000000\"><span><span style=\"color: #fff\">A RBI repo rate hike is prompting rate hike in these schemes<\/span><\/span><\/h3>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p><\/amp-story-grid-layer><\/amp-story-page><amp-story-page id=\"458a068a-6ca4-4d4c-baeb-722f12171427\" auto-advance-after=\"7s\"><amp-story-grid-layer template=\"vertical\" aspect-ratio=\"412:618\" class=\"grid-layer\"><\/p>\n<div class=\"page-fullbleed-area\" style=\"background-color:#1263ff\">\n<div class=\"page-safe-area\">\n<div style=\"position:absolute;pointer-events:none;left:0;top:-9.25926%;width:100%;height:118.51852%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0\" class=\"mask\" id=\"el-387bf027-1633-490b-abd6-2eae55e806c2\">\n<div class=\"fill\" style=\"will-change:transform\"><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p><\/amp-story-grid-layer><amp-story-grid-layer template=\"vertical\" aspect-ratio=\"412:618\" class=\"grid-layer\"><\/p>\n<div class=\"page-fullbleed-area\">\n<div class=\"page-safe-area\">\n<div style=\"position:absolute;pointer-events:none;left:15.04854%;top:0;width:69.66019%;height:15.04854%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0;border-radius:0.6968641114982579% 0.6968641114982579% 0.6968641114982579% 0.6968641114982579% \/ 2.1505376344086025% 2.1505376344086025% 2.1505376344086025% 2.1505376344086025%;background-clip:content-box;background-color:#000\" id=\"el-a946340a-42ea-40eb-9c4f-424b37821167\">\n<h1 id=\"expected-interest-rates\" class=\"fill text-wrapper\" style=\"white-space:pre-wrap;overflow-wrap:break-word;word-break:break-word;margin:-0.11367595818815267% 0;font-family:&quot;Roboto&quot;,sans-serif;font-size:0.582524em;line-height:1.19;text-align:center;padding:1.3937282229965158% 2.7874564459930316%;color:#000000\"><span><span style=\"font-weight: 700; color: #fff\">Expected interest rates<\/span><\/span><\/h1>\n<\/div>\n<\/div>\n<div style=\"position:absolute;pointer-events:none;left:18.68932%;top:23.13916%;width:63.34951%;height:15.04854%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0;border-radius:0.7662835249042145% 0.7662835249042145% 0.7662835249042145% 0.7662835249042145% \/ 2.1505376344086025% 2.1505376344086025% 2.1505376344086025% 2.1505376344086025%;background-clip:content-box;background-color:#000\" id=\"el-6d45febd-d00e-43d4-9a35-246418541354\">\n<h3 id=\"ppf-interest-rate-expected-to-go-up-to-8\" class=\"fill text-wrapper\" style=\"white-space:pre-wrap;overflow-wrap:break-word;word-break:break-word;margin:-0.12931034482758566% 0;font-family:&quot;Roboto&quot;,sans-serif;font-size:0.388350em;line-height:1.2;text-align:center;padding:1.532567049808429% 3.065134099616858%;color:#000000\"><span><span style=\"color: #fff\">PPF interest rate expected to go up to 8%<\/span><\/span><\/h3>\n<\/div>\n<\/div>\n<div style=\"position:absolute;pointer-events:none;left:20.87379%;top:48.7055%;width:58.25243%;height:14.56311%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0;border-radius:0.8333333333333334% 0.8333333333333334% 0.8333333333333334% 0.8333333333333334% \/ 2.2222222222222223% 2.2222222222222223% 2.2222222222222223% 2.2222222222222223%;background-clip:content-box;background-color:#000\" id=\"el-a2a266a1-6e17-4809-82dd-fd2df6a72120\">\n<h3 id=\"ssy-interest-rate-expected-to-go-up-to-8-5\" class=\"fill text-wrapper\" style=\"white-space:pre-wrap;overflow-wrap:break-word;word-break:break-word;margin:-0.13476562499999956% 0;font-family:&quot;Roboto&quot;,sans-serif;font-size:0.372168em;line-height:1.2;text-align:center;padding:1.6666666666666667% 3.3333333333333335%;color:#000000\"><span><span style=\"color: #fff\">SSY interest rate expected to go up to 8.5%<\/span><\/span><\/h3>\n<\/div>\n<\/div>\n<div style=\"position:absolute;pointer-events:none;left:21.1165%;top:76.53722%;width:58.25243%;height:14.56311%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0;border-radius:0.8333333333333334% 0.8333333333333334% 0.8333333333333334% 0.8333333333333334% \/ 2.2222222222222223% 2.2222222222222223% 2.2222222222222223% 2.2222222222222223%;background-clip:content-box;background-color:#000\" id=\"el-08244d09-2cd9-4d90-a258-5cb02efeaab4\">\n<h3 id=\"kvp-interest-rate-expected-to-go-up-to-7-8\" class=\"fill text-wrapper\" style=\"white-space:pre-wrap;overflow-wrap:break-word;word-break:break-word;margin:-0.13476562499999956% 0;font-family:&quot;Roboto&quot;,sans-serif;font-size:0.372168em;line-height:1.2;text-align:center;padding:1.6666666666666667% 3.3333333333333335%;color:#000000\"><span><span style=\"color: #fff\">KVP interest rate expected to go up to 7.8%<\/span><\/span><\/h3>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p><\/amp-story-grid-layer><\/amp-story-page><amp-story-page id=\"592e4efd-039f-47c2-a157-eeef9312fc66\" auto-advance-after=\"7s\"><amp-story-grid-layer template=\"vertical\" aspect-ratio=\"412:618\" class=\"grid-layer\"><\/p>\n<div class=\"page-fullbleed-area\" style=\"background-color:#1263ff\">\n<div class=\"page-safe-area\">\n<div style=\"position:absolute;pointer-events:none;left:0;top:-9.25926%;width:100%;height:118.51852%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0\" class=\"mask\" id=\"el-a04ebb5f-7b8e-415b-8430-f4b42a1c7b2e\">\n<div class=\"fill\" style=\"will-change:transform\"><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p><\/amp-story-grid-layer><amp-story-grid-layer template=\"vertical\" aspect-ratio=\"412:618\" class=\"grid-layer\"><\/p>\n<div class=\"page-fullbleed-area\">\n<div class=\"page-safe-area\">\n<div style=\"position:absolute;pointer-events:none;left:14.80583%;top:2.589%;width:69.66019%;height:15.04854%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0;border-radius:0.6968641114982579% 0.6968641114982579% 0.6968641114982579% 0.6968641114982579% \/ 2.1505376344086025% 2.1505376344086025% 2.1505376344086025% 2.1505376344086025%;background-clip:content-box;background-color:#000\" id=\"el-cd697160-ed01-49e7-894a-7407c8b256c6\">\n<h1 id=\"market-in-numbers\" class=\"fill text-wrapper\" style=\"white-space:pre-wrap;overflow-wrap:break-word;word-break:break-word;margin:-0.11367595818815267% 0;font-family:&quot;Roboto&quot;,sans-serif;font-size:0.582524em;line-height:1.19;text-align:center;padding:1.3937282229965158% 2.7874564459930316%;color:#000000\"><span><span style=\"font-weight: 700; color: #fff\">Market in numbers<\/span><\/span><\/h1>\n<\/div>\n<\/div>\n<div style=\"position:absolute;pointer-events:none;left:17.71845%;top:31.22977%;width:63.34951%;height:14.72492%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0;border-radius:0.7662835249042145% 0.7662835249042145% 0.7662835249042145% 0.7662835249042145% \/ 2.197802197802198% 2.197802197802198% 2.197802197802198% 2.197802197802198%;background-clip:content-box;background-color:#000\" id=\"el-b56895b8-6a2b-49c4-ba72-b672e06da3e2\">\n<h3 id=\"rbi-repo-rate-has-been-hiked-by-0-9-in-last-few-months\" class=\"fill text-wrapper\" style=\"white-space:pre-wrap;overflow-wrap:break-word;word-break:break-word;margin:-0.1266163793103447% 0;font-family:&quot;Roboto&quot;,sans-serif;font-size:0.380259em;line-height:1.2;text-align:center;padding:1.532567049808429% 3.065134099616858%;color:#000000\"><span><span style=\"color: #fff\">RBI repo rate has been hiked by 0.9% in last few months<\/span><\/span><\/h3>\n<\/div>\n<\/div>\n<div style=\"position:absolute;pointer-events:none;left:20.38835%;top:54.20712%;width:58.25243%;height:15.04854%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0;border-radius:0.8333333333333334% 0.8333333333333334% 0.8333333333333334% 0.8333333333333334% \/ 2.1505376344086025% 2.1505376344086025% 2.1505376344086025% 2.1505376344086025%;background-clip:content-box;background-color:#000\" id=\"el-ae1437a0-1d9b-4ea9-8b9f-76d252150c24\">\n<h3 id=\"bank-fd-rates-have-gone-up-in-accordance\" class=\"fill text-wrapper\" style=\"white-space:pre-wrap;overflow-wrap:break-word;word-break:break-word;margin:-0.14062499999999942% 0;font-family:&quot;Roboto&quot;,sans-serif;font-size:0.388350em;line-height:1.2;text-align:center;padding:1.6666666666666667% 3.3333333333333335%;color:#000000\"><span><span style=\"color: #fff\">Bank FD rates have gone up in accordance<\/span><\/span><\/h3>\n<\/div>\n<\/div>\n<div style=\"position:absolute;pointer-events:none;left:20.14563%;top:77.18447%;width:58.25243%;height:10.35599%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0;border-radius:0.8333333333333334% 0.8333333333333334% 0.8333333333333334% 0.8333333333333334% \/ 3.125% 3.125% 3.125% 3.125%;background-clip:content-box;background-color:#000\" id=\"el-095d3b8d-72ef-4ddf-8378-bdff8d7aa3c0\">\n<h3 id=\"govt-bonds-rates-are-also-up\" class=\"fill text-wrapper\" style=\"white-space:pre-wrap;overflow-wrap:break-word;word-break:break-word;margin:-0.14062499999999942% 0;font-family:&quot;Roboto&quot;,sans-serif;font-size:0.388350em;line-height:1.2;text-align:center;padding:1.6666666666666667% 3.3333333333333335%;color:#000000\"><span><span style=\"color: #fff\">Govt bonds rates are also up<\/span><\/span><\/h3>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p><\/amp-story-grid-layer><\/amp-story-page><amp-story-page id=\"60ba4cec-176f-4a9e-8f3d-5c07af7f21ac\" auto-advance-after=\"7s\"><amp-story-grid-layer template=\"vertical\" aspect-ratio=\"412:618\" class=\"grid-layer\"><\/p>\n<div class=\"page-fullbleed-area\" style=\"background-color:#1263ff\">\n<div class=\"page-safe-area\">\n<div style=\"position:absolute;pointer-events:none;left:0;top:-9.25926%;width:100%;height:118.51852%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0\" class=\"mask\" id=\"el-974bd40a-5043-4017-bc9a-11b5a2a6796e\">\n<div class=\"fill\" style=\"will-change:transform\"><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p><\/amp-story-grid-layer><amp-story-grid-layer template=\"vertical\" aspect-ratio=\"412:618\" class=\"grid-layer\"><\/p>\n<div class=\"page-fullbleed-area\">\n<div class=\"page-safe-area\">\n<div style=\"position:absolute;pointer-events:none;left:15.04854%;top:0;width:69.66019%;height:17.47573%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0;border-radius:0.6968641114982579% 0.6968641114982579% 0.6968641114982579% 0.6968641114982579% \/ 1.8518518518518516% 1.8518518518518516% 1.8518518518518516% 1.8518518518518516%;background-clip:content-box;background-color:#000\" id=\"el-d01c3914-66ac-4883-bd3b-33a371f6c3f7\">\n<h2 id=\"want-to-know-about-prevailing-bank-rates\" class=\"fill text-wrapper\" style=\"white-space:pre-wrap;overflow-wrap:break-word;word-break:break-word;margin:-0.08841463414634151% 0;font-family:&quot;Roboto&quot;,sans-serif;font-size:0.453074em;line-height:1.19;text-align:center;padding:1.3937282229965158% 2.7874564459930316%;color:#000000\"><span><span style=\"font-weight: 700; color: #fff\">Want to know about prevailing bank rates?<\/span><\/span><\/h2>\n<\/div>\n<\/div>\n<div style=\"position:absolute;pointer-events:none;left:14.80583%;top:58.41424%;width:69.66019%;height:24.11003%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0;border-radius:0.6968641114982579% 0.6968641114982579% 0.6968641114982579% 0.6968641114982579% \/ 1.342281879194631% 1.342281879194631% 1.342281879194631% 1.342281879194631%;background-clip:content-box;background-color:#000\" id=\"el-03885b2e-0d8b-48e1-b82a-44a1b36723f7\">\n<h2 id=\"here-is-an-ultimate-guide-to-the-best-banks-for-fd-in-india-in-2022\" class=\"fill text-wrapper\" style=\"white-space:pre-wrap;overflow-wrap:break-word;word-break:break-word;margin:-0.09472996515679369% 0;font-family:&quot;Roboto&quot;,sans-serif;font-size:0.485437em;line-height:1.19;text-align:center;padding:1.3937282229965158% 2.7874564459930316%;color:#000000\"><span><span style=\"font-weight: 700; color: #fff\">Here is an ultimate guide to the best banks for FD in India in 2022!<\/span><\/span><\/h2>\n<\/div>\n<\/div>\n<div style=\"position:absolute;pointer-events:none;left:14.56311%;top:26.69903%;width:68.20388%;height:27.34628%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0\" class=\"mask\" id=\"el-4ed4295f-36ef-4c61-ae59-fb529c3fdf01\">\n<div style=\"position:absolute;width:100%;height:110.84811%;left:0%;top:-5.42406%\" data-leaf-element=\"true\"><amp-img layout=\"fill\" src=\"https:\/\/images.unsplash.com\/photo-1554224155-8d04cb21cd6c?ixid=MnwxMzcxOTN8MHwxfHNlYXJjaHw5fHxhY2NvdW50fGVufDB8fHx8MTY1NTcwMTU3NA&amp;ixlib=rb-1.2.1&amp;fm=jpg&amp;w=5568&amp;h=3712&amp;fit=max\" alt=\"black Android smartphone\" srcSet=\"https:\/\/images.unsplash.com\/photo-1554224155-8d04cb21cd6c?ixid=MnwxMzcxOTN8MHwxfHNlYXJjaHw5fHxhY2NvdW50fGVufDB8fHx8MTY1NTcwMTU3NA&amp;ixlib=rb-1.2.1&amp;fm=jpg&amp;w=5568&amp;h=3712&amp;fit=max 5568w,https:\/\/images.unsplash.com\/photo-1554224155-8d04cb21cd6c?ixid=MnwxMzcxOTN8MHwxfHNlYXJjaHw5fHxhY2NvdW50fGVufDB8fHx8MTY1NTcwMTU3NA&amp;ixlib=rb-1.2.1&amp;fm=jpg&amp;w=4454&amp;h=2969&amp;fit=max 4454w,https:\/\/images.unsplash.com\/photo-1554224155-8d04cb21cd6c?ixid=MnwxMzcxOTN8MHwxfHNlYXJjaHw5fHxhY2NvdW50fGVufDB8fHx8MTY1NTcwMTU3NA&amp;ixlib=rb-1.2.1&amp;fm=jpg&amp;w=3340&amp;h=2227&amp;fit=max 3340w,https:\/\/images.unsplash.com\/photo-1554224155-8d04cb21cd6c?ixid=MnwxMzcxOTN8MHwxfHNlYXJjaHw5fHxhY2NvdW50fGVufDB8fHx8MTY1NTcwMTU3NA&amp;ixlib=rb-1.2.1&amp;fm=jpg&amp;w=2227&amp;h=1485&amp;fit=max 2227w,https:\/\/images.unsplash.com\/photo-1554224155-8d04cb21cd6c?ixid=MnwxMzcxOTN8MHwxfHNlYXJjaHw5fHxhY2NvdW50fGVufDB8fHx8MTY1NTcwMTU3NA&amp;ixlib=rb-1.2.1&amp;fm=jpg&amp;w=1113&amp;h=742&amp;fit=max 1113w,https:\/\/images.unsplash.com\/photo-1554224155-8d04cb21cd6c?ixid=MnwxMzcxOTN8MHwxfHNlYXJjaHw5fHxhY2NvdW50fGVufDB8fHx8MTY1NTcwMTU3NA&amp;ixlib=rb-1.2.1&amp;fm=jpg&amp;w=340&amp;h=227&amp;fit=max 340w\" sizes=\"(min-width: 1024px) 31vh, 68vw\" disable-inline-width=\"true\"><\/amp-img><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p><\/amp-story-grid-layer><amp-story-page-outlink layout=\"nodisplay\" cta-image=\"https:\/\/bankkaro.com\/blog\/wp-content\/uploads\/2022\/06\/best-banks-for-fd-india.jpg\"><a href=\"https:\/\/bankkaro.com\/blog\/best-banks-for-fixed-deposits-in-india\/5040\/\" rel=\"\">Read more<\/a><\/amp-story-page-outlink><\/amp-story-page><\/amp-story><\/body><\/html><\/p>\n","protected":false},"excerpt":{"rendered":"With RBI repo rate hikes, all experts are expecting an interest rate hike for PPF, SSY, and KVP. Read our story to know 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style=\"font-weight: 700; color: #fff\">PPF, SSY interest rate hike expected in 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