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Economics2h 45m ago
The Reserve Bank of India has maintained the Floating Rate Savings Bond interest rate at 8.05%.
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India
Who
Reserve Bank of India, Finance Ministry
What
The Reserve Bank of India has maintained the Floating Rate Savings Bond interest rate at 8.05%.
When
Thu, 02 Jul 2026 02:30:00 GMT · 2h 45m ago
Where
India ·
Why
The decision was made following the Finance Ministry's decision to keep the National Savings Certificate rate at 7.7%.
The Frontline Impact
How this affects you
The Floating Rate Savings Bond offers a competitive return of 8.05%, providing a 0.35% premium over the National Savings Certificate rate, making it an attractive fixed income investment compared to many small savings schemes and bank fixed deposits.
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