More interest in RBI Floating Rate Savings Bond than FD: Better option for safe investment and guaranteed returns, it has a lock-in period of 7 years
Chandan Tapadia, Financial Expert2 minutes ago copy link Given the sharp fluctuations in the Indian market, most investors want guaranteed returns with low risk. For such investors, RBI Floating Rate Savings Bond (FRSB) can be a better option. The interest rate on these bonds is always kept 0.35% higher than the interest rate on National…