Del. HC: Severity of Offence Can’t Disentitle Foreigner to Get Parole for Filing SLP  ||  Cal. HC: Can’t Compound Proceedings u/s 138 NI Act at Revision Stage Without Complainant’s Consent  ||  Bom. HC: There Should be Some Accountability Fixed on Courts in Cases of Prolonged Incarceration  ||  Tel. HC: Employee Can’t be Denied Promotion on Pretext of Pendency Disciplinary Proceedings  ||  All. HC: State Government has no Power to Cancel the NOC Granted by PCI  ||  SC: Can’t Allow Revision Petition u/s 115 CPC Against Trail Court Order Rejecting Review of Decree  ||  Mad. HC: Record Statements of Witnesses u/s 161 CrPC Using Electronic Means atleast in Serious Crime  ||  Delhi HC to UGC: Ensure Strict Compliance of UGC Act, 1956, with Regard to Specification of Degree  ||  Mad. HC: Notice Needn’t be Served to Victim in HCP by Accused Following Preventive Detention  ||  SC to Centre/States: Ensure the Effective Implementation of HIV Act, 2017    

RBI announces rate of interest on Government of India Floating Rate Bond 2033- (Reserve Bank of India) (21 Mar 2023)

MANU/RPRL/0173/2023

Banking

The rate of interest on Government of India Floating Rate Bond 2033 (GOI FRB 2033) applicable for the half year March 22, 2023 to September 21, 2023 shall be 8.51 percent per annum.

It may be recalled that FRB 2033 carries a coupon, which has a base rate equivalent to the average of the Weighted Average Yield (WAY) of last three auctions (from the rate fixing day, i.e., March 22, 2023) of 182 Day T-Bills, plus a fixed spread (1.22 percent).

Tags : RATE   INTEREST   APPLICABILITY  

Share :        

Disclaimer | Copyright 2023 - All Rights Reserved