Govt withdraws decision to cut rates of savings certificates

The government has reversed its decision to cut interest rates on savings certificates, reinstating the current rates for the next six months.

The Internal Resources Division issued the notification today.

As a result, investors will continue to receive interest at the same rates that were applicable from July 1 to December 31, 2025, until June 30 this year.

On December 28, the government had issued a gazette notification announcing lower interest rates on all types of savings certificates for the January-June 2026 period.