With the economy witnessing a slowdown, and the stock markets also turning volatile, many investors are looking for alternative avenues to park their savings

Investors in small savings schemes breathed a sigh of relief when the government announced on October 1 that interest rates on these instruments would not be revised for the fourth quarter of the calendar year. With the economy witnessing a slowdown, and the stock markets also turning volatile, many investors are looking for alternative avenues to park their savings.

Small savings schemes, with their sovereign guarantee, have emerged as a viable alternative. Business Standard had earlier reported that investments in small savings schemes have surged 37 per cent between April and July ...