RBI Floating Rate Savings Bond interest rate for July-December 2024 announced; check latest rate here

For the July-December period, the RBI Floating Rate Savings Bond (FRSBs), 2020 (Taxable) will fetch an interest rate of 8.05%. As the name suggests, the interest rate of RBI Floating Rate Savings Bonds 2020 (Taxable) is not fixed. The interest rate on a Floating Rate Savings Bond is reset twice in a year.