PPF Rates Cut

[polynesia]

The government has reduced interest rates on PPF from 8.7% to 8.1%. This will hit retirees and small investors hard. The government seems intent on making fixed return investments attractive. 

http://timesofindia.indiatimes.com/business/india-business/Big-dent-in-your-savings-as-govt-slashes-PPF-NSC-rates/articleshow/51465055.cms

[bitcoinisfurture]

Finally rate cut won't happen and remains same.