RBI Announces 8% Interest on Floating Rate Bond 2034: Stimulus for Economic Growth
RBI Announces 8% Interest on Floating Rate Bond 2034: All You Need to Know The Reserve Bank of India (RBI) recently made a significant announcement regarding the issuance of Floating Rate Bonds (FRBs) with a fixed interest rate of 8% maturing in 2034. This move by the central bank comes amidst efforts to manage liquidity…