Bombay HC: Mortgage, Enforcement and Related Reliefs Not Subject to Arbitration || Bombay HC: Assessment Beyond DRP Directions & S.144C(13) Timeline is Invalid || Rajasthan HC: WhatsApp Summons to Soldier Invalid; Ex-Parte Maintenance Order Set Aside || Karnataka HC: Quarry Lease Renewal Allowed Next Day If Deadline Falls on Public Holiday || SC Eases Firecracker Ban in NCR for Diwali; Permits Sale and Use of Green Crackers || SC Issues Contempt Notices to States/UTs for Ignoring ICU/CCU Healthcare Standards Orders || Supreme Court Reopens Case Against Ex-MLA Over Alleged Fake Caste Certificate in Elections || Supreme Court Reverses Acquittal in 1997 Daughter-in-Law Murder Case || SC Halts NCDRC Order Granting Compensation to Rajasthan Royals for Sreesanth, Citing No Match Played || SC Warns TN Police Media Statements May Affect Impartiality of Karur Stampede Probe

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 :