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Sensex, Nifty end lower, volatility index hits a 15-month high

Sensex, Nifty end lower, volatility index hits a 15-month high
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RBI Floating Rate Savings Bonds at over 8%: Is it the right time to invest? Key features to know | Business

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. ....

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RBI Floating Rate Savings Bonds likely to offer 8.05% interest from July 1, 2024; is it the right time to invest?

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. ....

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