Government of India has vide its Notification F.No.
4(19)-W&M/2014 dated March 04,2016 announced that the Sovereign Gold Bonds,
2016 (“the Bonds”) will be open for subscription from March 8, 2016 to March
14, 2016. The Government of India may, with prior notice, close the Scheme
before the specified period. The terms and conditions of the issuance of the
Bonds shall be as follows:
The Reserve Bank of India (RBI) has issued a notification on third tranche of Sovereign Gold Bonds, 2016, dated March 04, 2016. Applications for the bond will be accepted from March 8, 2016 to March 14, 2016. Copy attached for your ready reference.
In this connection, Shri Shaktikanta Das, Secretary DEA during the video conference held on March 03, 2016 with Chief Executives of various banks, RBI and IBA, requested the banks to make their best efforts to reach out to potential customers to invest in the third tranche of Sovereign Gold Bonds.
In this connection, Shri Shaktikanta Das, Secretary DEA during the video conference held on March 03, 2016 with Chief Executives of various banks, RBI and IBA, requested the banks to make their best efforts to reach out to potential customers to invest in the third tranche of Sovereign Gold Bonds.
