Cal HC: Enterprise Contracting with Govt Recognised Concessionaire Can be Granted Benefit of S. 80IA || SC: There Should be Reservation for Women in posts of Delhi High Court Bar Association || SC: Relevant to Examine Whether Accused is Aware of Ingredients of Offence for Which He Is Convicted || Supreme Court Asks IT Department, CBDT to Upgrade its Software || Delhi HC Withdraws Rule Restricting Censure of Police Officers by Judicial Officers || SC: Cases of Clean Acquittal of Accused May Give Rise to a Claim for Compensation || Bom. HC: Division Bench Declares Amendment to IT Rules, 2021 as Unconstitutional || Patna HC: Not Disclosing Reasons for Confiscating Goods is Violative of Article 14 of COI || Allahabad High Court: Once a Special Act Holds the Field, Provisions of General Law Would Not Apply || Gauhati High Court Upholds POCSO Conviction Even in Absence of Medical Evidence

Rate of interest on Government of India Floating Rate Bond, 2024- (Reserve Bank of India) (06 May 2024)

MANU/RPRL/0311/2024

Banking

The rate of interest on Government of India Floating Rate Bond 2024 (FRB 2024) applicable for the half year May 07, 2024 to November 06, 2024 shall be 7.03 per cent per annum.

It may be recalled that the rate of interest on FRB 2024 is reset at the average rate (rounded off up to two decimal places) of the implicit yields, at the cut-off prices of the last three auctions of Government of India 182-days Treasury Bills, held up to the period preceding the coupon reset date, which is May 07, 2024.

Tags : INTEREST FLOATING RATE BOND

Share :