Floating Rate Savings Bonds is simply another name, and an issue of the Reserve Bank of India in its own behalf to meet all the needs for the Government of India. It happens to be one of the few debt papers offered with "floating interest rate with it." Quite simply, "the rate keeps getting reset on a regular cycle against a bench mark rate;" therefore, as such bonds yields a stable t...

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The Reserve Bank of India has played a very significant and important role in keeping the financial condition of the country stable. The bank, under this objective, introduces time-bound schemes periodically and encourages citizens to save and invest in them. The latest in such series is the Floating Rate Savings Bond launched by RBI for risk-averse investors as an investment tool off...

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