SC Cancels Chhota Rajan's Bail in 2001 Jaya Shetty Murder Case || NCLAT: Workmen Can Claim Dues Post-Layoff If They Worked After Corporate Debtor's Notice Issuance || NCLAT: Debt Can be Proved Through Any Documentary Evidence, No Written Contract Needed. || Madras HC: Railway Authorities Can't Deboard Valid-Ticket Passengers Heading to Protest || Delhi HC: Women’s Entry into Army Corps Can’t be Restricted; Vacant Male Posts Must be Open to Women || Delhi HC: Pressuring Husband to Cut Ties With His Family Amounts to Cruelty; Ground For Divorce || Bombay HC: Magistrate Need Not Pass Preliminary Order U/S 145 CrOC If HC or SC Directs Inquiry || Delhi HC Allows Woman to Terminate 22-Week Pregnancy from False Promise of Marriage || Supreme Court: Reasons Omitted In an Order May be Considered In Specific Circumstances || SC: Execution of Arbitral Award Cannot be Stalled Just Because Section 37 Appeal is Pending

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 :