According to the Central Bank's statement, "In its endeavour to expand the basket of products offered through the Retail Direct Portal, Reserve Bank of India, in consultation with the Government of India, has enabled subscription to Floating Rate Savings Bonds, 2020 (Taxable) – FRSB 2020 (T)."
Read MoreOver the past year, India's inflation rate exceeded the 6 per cent upper limit set by the panel in five of the last 12 months but remained within the 4 per cent to 6 per cent range for the other seven months
Read MoreGross NPA at 1.36 per cent, reduced 41 bps YoY and 6 bps QoQ
Read MoreGross NPA stood at 1.73 per cent in Q2 FY24, down at 26 bps QoQ basis
Read MoreInvestment in the Bandhan Nifty Alpha 50 Index Fund can be made through licensed mutual fund distributors and online platforms and directly
Read MoreThe net profit is up by 11.7 per cent at quarter on quarter(QoQ) and by 35.5 per cent at year on year(YoY) basis
Read MoreThe second-generation special situation fund, which deployed over Rs 10000 crore across 40+ transactions, has further recovered more than Rs 13000 crore to date
Read MoreAshok Vaswani has extensive banking expertise, having previously served as Chief Executive Officer of Barclays Bank, UK, and then as CEO of their Global Consumer, Private, Corporate and Payments operations, as well as a member of the Group Executive Committee
Read More