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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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Stock Market Live Updates: Sensex and Nifty open positive on upbeat economic indicators

Stock Market Live Updates: Sensex and Nifty open positive on upbeat economic indicators
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.

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Share Market Highlights 13 February 2024: Sensex climbs 482 pts; Nifty settles above 21,700; banking stocks shine

Share Market Highlights 13 February 2024: Sensex climbs 482 pts; Nifty settles above 21,700; banking stocks shine
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.

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Sensex, Nifty to open weak amid global cues and inflation worries

Sensex, Nifty to open weak amid global cues and inflation worries
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.

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