The interest rate of RBI Floating Rate Savings Bonds (FRSB) 2020 (Taxable) is linked to the interest rate of the National Savings Scheme (NSC), a small savings scheme offered by the Union government. The bond will pay 0.35% higher than what NSC offers. The interest rate of RBI Floating Rate Savings Bonds is due for revision on January 1, 2024. Will the interest rate of RBI Floating Rate Savings Bonds go up or come down next year? Read here to find out