RBI's retail direct a hit with investors as GSecs trump FDs - Business News: Latest Share Market , Economy & Finance News | Trendmergers

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RBI's retail direct a hit with investors as GSecs trump FDs

Sovereign bonds now yield higher than traditional bank deposits - and can be sold easily. A 10-year government bond yields around 6.80% semi-annually, compared with 5.40-6.30% offered by the State Bank of India across categories for similar-maturity fixed deposits.

from Industry-Economic Times
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