Floating Rate Savings Bonds (FRSB) 2020

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Government has introduced the Floating Rate Savings Bonds (FRSB) 2020 (Taxable) starting from 1st July, 2020. The new Bond was launched post the withdrawal of 7.75% Savings Bonds as the interest rates are falling due to unfavorable economic scenario, adversely affected by the Covid-19 pandemic. New Bond will offer an interest rate of 7.15% and … Continue reading "Floating Rate Savings Bonds (FRSB) 2020" The post Floating Rate Savings Bonds (FRSB) 2020 appeared first on Wealthtech Sp...

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Amritesh Sinha

blogs from Kolkata