Tuesday, Mar 19 2024 | Time 14:28 Hrs(IST)
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Business Economy


Govt fixes issue price of Rs 2971 per gram for SGBS 2017-18

New Delhi, Oct 21 (UNI) Government of India in consultation with the Reserve Bank of India (RBI) has fixed the issue price of Rs 2,971 (Rupees Two thousand Nine hundred Seventy One only) per gram with Settlement on October 30, 2017 for Sovereign Gold Bond Scheme (SGBS) 2017 -18, as was also published by RBI in their Press Release dated Oct 20, 2017.
It has also decided to allow discount of Rs 50 (Rupees Fifty) per gram from the issue price to those investors who apply online and the payment is made through digital mode for Sovereign Gold Bond Scheme (SGBS) 2017 -18.
Government, in consultation with the Reserve Bank of India, had floated Series III of Sovereign Gold Bonds 2017-18, for the period from October 09, 2017 to December 27, 2017 (with subscription period Monday to Wednesday every week).
The Bonds will be issued on the succeeding Monday after each subscription period.
UNI ADP SHK 1912
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ARS Group unveils first of its kind TMT bar for retail segment

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(RPTING WITH CORRECT DATE)
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Ashok Leyland, Minus Zero announce pact to revolutionize Autonomous Trucking

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