Explained: What RBI discontinuing 7.75% saving bonds means to investors

News: Government of India has discontinued the 7.75% savings (taxable) bonds,2018 for subscription. Facts: The 7.75% Savings(Taxable) Bonds,2018 were issued with effect from January,2018. Eligibility: The bonds were available for subscription to resident citizens/Hindu Undivided Family (HUF) to invest in a taxable bond. Investment: The minimum investment in this bond starts at Rs 1,000 with… Continue reading Explained: What RBI discontinuing 7.75% saving bonds means to investors