Colleague invests Rs 5 lakh in floating-rate saving bonds. Are they good, should I do the same?
My colleague recently invested Rs 5 lakh in floating-rate saving bonds. He recommended it to me also. Please advise. J P ShuklaReply by Rajiv Bajaj, Chairman & MD, BajajCapital Ideally, one should not go by anyone’s suggestion rather understand the product first before investing. However, to make you understand, these bonds, issued by the RBI, are … Read more