{"id":8901,"date":"2020-03-07T05:14:54","date_gmt":"2020-03-07T05:14:54","guid":{"rendered":"https:\/\/www.gkseries.com\/blog\/?p=8901"},"modified":"2020-03-07T05:14:55","modified_gmt":"2020-03-07T05:14:55","slug":"epf-interest-rate-lowered-by-15-bps-to-8-5-for-fy20","status":"publish","type":"post","link":"https:\/\/www.gkseries.com\/blog\/epf-interest-rate-lowered-by-15-bps-to-8-5-for-fy20\/","title":{"rendered":"EPF interest rate lowered by 15 bps to 8.5% for FY20"},"content":{"rendered":"\n

Employees\u2019 Provident Fund Organisation has announced a 15\nbasis point reduction in the interest rate on PF deposits in 2019-20 compared\nto 8.65% in 2018-19 on the back of lower yields on its investments. The\ndecision to this effect was taken at the just concluded central board of\ntrustees meeting of EPFO. ET had reported last week that government would.cut\ninterest rate on PF deposits by 15 basis points.<\/p>\n\n\n\n

Daily Current Affairs Quiz 2020<\/strong><\/a><\/p>\n\n\n\n

The economic slowdown which has impacted EPFO\u2019s earnings on\ndebt market instruments including government securities and fixed deposits. Labour\nminister headed central board of trustees of EPFO is the apex decision making\nbody of EPFO which manages a corpus of over Rs 12 lakh crore and has an active\nsubscriber base of six lakh.<\/p>\n","protected":false},"excerpt":{"rendered":"

Employees\u2019 Provident Fund Organisation has announced a 15 basis point reduction in the interest rate on PF deposits in 2019-20 compared to 8.65% in 2018-19 on the back of lower yields on its investments. The decision to this effect was taken at the just concluded central board of trustees meeting of EPFO. ET had reported […]<\/p>\n","protected":false},"author":13,"featured_media":8902,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"categories":[914],"tags":[],"class_list":["post-8901","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-current-affairs-march-2020"],"_links":{"self":[{"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/posts\/8901","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/users\/13"}],"replies":[{"embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/comments?post=8901"}],"version-history":[{"count":1,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/posts\/8901\/revisions"}],"predecessor-version":[{"id":8903,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/posts\/8901\/revisions\/8903"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/media\/8902"}],"wp:attachment":[{"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/media?parent=8901"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/categories?post=8901"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/tags?post=8901"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}