The Economic Times

RBI floating rate bond : Has 8.05% interest rate changed? Here's what investors should know

The Reserve Bank of India has maintained the Floating Rate Savings Bond interest rate at 8.05% following the Finance Ministry's decision to keep the National Savings Certificate rate at 7.7%. This bond offers a 0.35% premium over the NSC, providing a competitive return compared to many small savings schemes and bank fixed deposits.