RBI gave big relief to investors! Interest on floating rate bonds increased from 6.45% to 7.26%, those who invest ₹5 lakh will get this much interest in 6 months

The Reserve Bank of India (RBI) has increased the interest rates for people investing in government floating rate bonds. The interest rate on Government of India Floating Rate Bond 2034 (FRB 2034) has been increased from 6.45 percent to 7.26 percent. That means the interest rate has increased by 0.81 percentage points. Due to this, […] The post RBI gave big relief to investors! Interest on floating rate bonds increased from 6.45% to 7.26%, those who invest ₹5 lakh will get this much interest in

NewsBeagle is a discovery engine. We show the headline, a short source-supplied summary and clear attribution. The complete reporting remains with the publisher.