Government has ceased the 7.75% Savings Bonds scheme commonly known as RBI Bonds or GOI bonds for subscription due to the declining interest rates. Where is the headquarters of RBI?

Current Affairs May 2020 . 1 year ago

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Government has ceased the 7.75% Savings (Taxable) Bonds scheme commonly known as RBI Bonds or GOI bonds for subscription due to the declining interest rates as RBI has lowered the short-term repo rate which is currently at 4%.

Posted on 03 Feb 2024, this text provides information on Current Affairs related to May 2020. Please note that while accuracy is prioritized, the data presented might not be entirely correct or up-to-date. This information is offered for general knowledge and informational purposes only, and should not be considered as a substitute for professional advice.

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