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Features of RBI Floating Rate Savings Bonds (FRSB)

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It is only after the understanding of the features of the FRSB that an investor can decide before investing in this financial product. The main features of the bond are: Interest Rate (Floating): The most significant feature of the FRSB is the floating interest rate. The interest is linked to the Benchmark Prime Lending Rate of State Bank of India (SBI) that is periodically revised.... https://topcollegesadmission.in/college-list/btechbe/mumbai

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