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Sahib & #8217;S New Motto: Turn Pf Body Into A Bank

Ajay Singh BUSINESS STANDARD

Feasibility studies commissioned to ensure interest rate stability

Faced with the alarming prospect of a downward spiral in interest rates on deposits in the Employees Provident Fund (EPF) in future, the labour ministry has commissioned feasibility studies on whether the EPF organisation can be turned into a bank.

The ministry

 

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First Published: May 13 2003 | 12:00 AM IST

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