Press release- RBI Announces Rate of Interest on Floating Rate Savings Bond, 2020 (Taxable) – FRSB 2020 (T) for the period January 1, 2023 – June 30, 2023(dated-30.12.2022) – RBI.

• 02nd, January 2023
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Press release- RBI Announces Rate of Interest on Floating Rate Savings Bond, 2020 (Taxable) – FRSB 2020 (T) for the period January 1, 2023 – June 30, 2023(dated-30.12.2022) – RBI.

• The rate of interest on NSC has been revised to 7.00% for the fourth quarter of FY 2022-23, in terms of GoI notification F.No. 1/4/2019 – NS dated December 30, 2022. Accordingly, the coupon rate on FRSB 2020 (T) for period January 1, 2023 to June 30, 2023 and payable on July 1, 2023 has been reset at 7.35% (7%+0.35%= 7.35%) and refer attachment for further details.