RBI/2026-27/06
IDMD.RETL.No.S23/13.01.300/2026-27 April 02, 2026 All the Receiving Offices (as per the list attached) Madam/Dear Sir, Floating Rate Savings Bonds, 2020 (Taxable) - FRSB 2020 (T) - Operational Guidelines A reference is invited to the circular IDMD.CDD.No.3155/13.01.299/2019-20 dated June 30, 2020 (updated on June 27, 2022), issued by the Reserve Bank of India on Operational Guidelines relating to Floating Rate Savings Bonds, 2020 (Taxable) - FRSB 2020 (T). 2. In exercise of the powers conferred under Section 29 (2) of the Government Securities Act, 2006 and of all the powers enabling Reserve Bank of India in this behalf, the operational guidelines contained in the aforesaid circular have been reviewed. The revised operational guidelines are being issued herewith and shall come into effect from the date of this circular. 3. The guidelines contained in this circular supersede the operational guidelines on FRSB 2020 (T) issued on June 30, 2020. Yours faithfully, (Rakesh Tripathy)
Chief General Manager Enclosure: Operational Guidelines for Floating Rate Savings Bonds, 2020 (Taxable) | |