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Financial Literacy News: Looking for a secure investment with an interest rate over 8%? Let's talk about RBI Floating Rate Savings Bonds (FRSBs) 2020 (Taxable). Currently, these bonds offer an interest rate of 8.05% per annum, making them an attractive choice among debt investments. Will this rate remain stable? How is the interest rate calculated? If you're considering investing in these bonds, here's what you need to know. ....
The interest rate of RBI Floating Rate Savings Bonds 2020 (Taxable) is not fixed. It is linked to the National Savings Certificate (NSC), a small savings program offered by the Union government. The RBI Floating Rate Savings Bonds offer an interest that is 0.35% higher than the prevailing interest on the NSC. The interest rate on Floating Rate Savings Bonds is reset every six months and due on July 1, 2024. What will be the interest on the RBI Floating Rate Savings Bonds 2020 from July? Should you invest in RBI Floating Rate Savings Bonds 2020 now? Check details. ....
Record rally of bellwethers pale in front of most sectoral indices thehindubusinessline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindubusinessline.com Daily Mail and Mail on Sunday newspapers.
Experts note that while Covid cases are on the rise, the intensity and spread is still limited. If and when the case count increases significantly, the new Covid variant could begin to impact the real economy ....
The Covid-19 pandemic caused widespread uncertainty and panic in financial markets worldwide in 2020. Stock markets across the globe suffered strong losses as concerns over the pandemic and its potential economic impact grew. ....