Why revised version of Inflation Index Bond may fail again?
June 13, 2014
One of the key flaws in the design is that these bonds do not enjoy tax benefits the way some of the other debt investment products enjoy, or as tax free bonds life PPF do
Vivek Sharma
The inevitable has happened. The Reserve Bank of India (RBI) has finally acknowledged that the Inflation Indexed Bond, launched with pomp and fervour last year, has been given a very cold reception by retail investors.