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EPFO board recommends hiking interest rate to 8.65% for 2018-19

Updated : February 21, 2019 08:01 PM IST

The employees' provident fund organisation recommended hiking interest rate for FY19 to 8.65 percent from 8.55 percent in FY18.

The hike is subject to approval from finance ministry. This will be the first interest hike by EPFO since FY16.
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