Wednesday, January 15, 2014

Inflation Bonds from RBI

The Reserve Bank of home and auto loans expensive way to even be opened , but to protect small investors from inflation and customers have started to provide other options . Ten -year-old , who rescued the people from the central bank's inflation savings certificates has announced to launch soon . The savings bonds will provide people the option to invest in gold .


Fixed interest rate of these certificates will be included in the rate of inflation . Get interest on quarterly basis , but will be paid at the time of maturity together . These certificates will be sold by banks to investors .
Finance Minister P Chidambaram bring such savings bonds was announced in the Budget for the current financial year .

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