The bonds were issued in January 2018 for residents and Hindu Undivided Family (or HUF) members, and became instantly popular.
Go for half-yearly payouts if you seek regular income
After drawing flak for closing the most sought-after investment instrument, particularly among senior citizens, Economic Affairs Secretary Subhash Chandra Garg clarifies only the rate has been tweaked
At 7.75% interest, the instrument has the highest returns when compared to other fixed-income products