RBI floating rate bonds interest rate hiked to 8.05% from July 1, 2023

The interest rate hike on RBI floating rate bonds are hiked after government hiked the NSC interest rate in April to June quarter for Fy 2023-24. The interest rate of National Savings Certificate has been kept unchanged for the second quarter (July- September) of FY 2023-24. The next interest rate review is due on January 1, 2024.

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