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Savings Bonds News

GOI Savings (Taxable) Bonds: An Alternative To Fixed Deposits

Interest rates on bank fixed deposits have been falling for over a year now. The declining interest rates call for the need to look at alternative venues to make higher returns that are also safe. The 7.75% GOI Savings (Taxable) Bonds ...

RBI allows premature encashment of 8% Savings (Taxable) Bonds

Mumbai: The Reserve Bank Friday permitted premature encashment of 8 percent Savings (Taxable) Bonds for individual investors who are 60 years and above. This facility is after a minimum lock-in period of three years from the date of issue, RBI ...