The government of India backed 7.75% savings (taxable) bonds shall not be available for subscription from May 28. In a press release, the apex banking institute RBI said, "The Government of India 7.75% Savings (Taxable) Bonds, 2018 shall cease for subscription with effect from the close of banking business on Thursday, May 28, 2020".
7.75% Savings (Taxable) Bonds To Be Not Available From May 28, 2020
With lucrative return to the tune of 7.75%, these were comparable to small savings scheme such as NSC that also offered return on similar scale. These have been considered good investment options for regular income seekers and retired people alike,
Launched in the year 2003, they come with a minimum investment limit of Rs. 1000 with no upper cap. Also, individuals as well as HUFs have been allowed to invest in the instrument barring NRIs.
GoodReturns.in
Notifications
Settings
Clear Notifications
No New Notifications
Notifications
Use the toggle to switch on notifications
Block for 8 hours
Block for 12 hours
Block for 24 hours
Don't block
To start receiving timely alerts, as shown below click on the Green “lock” icon next to the address bar
Click it and Unblock the Notifications
Close X
Close X
To Start receiving timely alerts please follow the below steps:
Click on the Menu icon of the browser, it opens up a list of options.
Click on the “Options ”, it opens up the settings page,
Here click on the “Privacy & Security” options listed on the left hand side of the page.
Scroll down the page to the “Permission” section .
Here click on the “Settings” tab of the Notification option.
A pop up will open with all listed sites, select the option “ALLOW“, for the respective site under the status head to allow the notification.
Once the changes is done, click on the “Save Changes” option to save the changes.
Click it and Unblock the Notifications
Sign in with Google