The Economic Times

RBI hikes FRB 2034 interest rate to 7.26%: How much can you earn on Rs 5 lakh investment?

The Reserve Bank of India has declared a new interest rate of 7.26% per annum for the Government of India Floating Rate Bond 2034, reflecting an increase from the earlier rate of 6.45%. This updated rate will be effective from October 30, 2026, to April 29, 2027, allowing investors to earn more on their six-monthly coupon payments.