RBI raises the maximum limit for investment in IINSS-C to Rs 10 lakh per annum for eligible individual investors

The Reserve Bank of India, in consultation with Government of India, has decided to increase the maximum limit for investment in Inflation Indexed National Saving Securities- Cumulative (IINSS-C) from Rs 5 lakh to Rs 10 lakh per annum for eligible individual investors and from Rs 5 lakh to Rs 25 lakh per annum for institutions such as HUFs, Charitable Trusts, Education Endowments and similar institutions which are not pro-profit in nature. The subscription will close on March 31, 2014. The other terms and conditions remain unchanged.

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