Rajasthan High Court: No Law for Conducting Arrest through Video Calls || Gauhati HC Stays Operation of Two Amendments to the Nagaland Lokayukta Act || Mad. HC: “Sexual Harassment” as Seen from PoSH Act Gives Significance to the Act than the Intention || Del. HC: Restriction u/s 37 of NDPS Act Cannot take Precedence Over Accused’s Right u/a 21 || Ker. HC: Creating Geographical Restriction for an Escort Visit Can’t be Considered Violation of FRs || Bom. HC: Can Proceed with Trial if Accused Neither Appears Nor Seeks Exemption from Attendance || Bom. HC: Cannot Breach Fundamental Rights of Residents Merely because they Feed Dogs || Del. HC: While Calculating Compensation, Family Pension Paid to Deceased’s Family Cannot be Deducted || Del. HC: Department Can't Hold Compliance once Court Orders Release of Bank Guarantee by Trader || Allahabad HC: Cannot Claim Use of Loudspeakers as a Matter of Right

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 :