RBI's retail direct a hit with investors as GSecs trump FDs

Sovereign bonds now yield higher than traditional bank deposits - and can be sold easily. A 10-year government bond yields around 6.80% semi-annually, compared with 5.40-6.30% offered by the State Bank of India across categories for similar-maturity fixed deposits.

from Banking/Finance-Industry-Economic Times https://ift.tt/0JODdhW