Floating Rate Savings Bond is offering 8.05% return in a low-interest-rate regime: Should you invest?
The Reserve Bank of India (RBI) has been on a rate-cutting cycle, squeezing fixed deposit returns and creating a dilemma for investors seeking consistent and assured income. With the latest 25 basis point cut announced at the December policy meeting, the RBI has lowered the repo rate to 5.25% from 5.50%. In response, banks have…