SBI Bond Issue with 9.25% and 9.50% interest October 2010

The SBI Bond issue is open between 18Oct to 25Oct 2010. These are unsecured bonds issued by State Bank of India. Interest rate is 9.25% for 10 yrs and 9.50% for 15 yrs with a call option available by the bank. Interest is taxable as income from other sources, however, no TDS is deducted, since […]