Record growth for Small Savings

The New Indian Express  : 01.02.2003

   
Chennai:  Net collections under small saving scrips have shown record growth during the current fiscal in Tamil Nadu, a press release here said. There has been a growth from Rs.944.76 crore during the first three quarters of 2001-02 to Rs.1379.41 crore during the corresponding period in the current year. The increase of Rs.434.65 crore represents an overall growth of 46.01 per cent during the corresponding period in the current fiscal, the release added.  Growth in net collections during the third quarter alone equals Rs.226.6 crore, which is 56.6 percent higher than that of the third quarter of the previous fiscal.