Wednesday, Apr 24 2024 | Time 05:13 Hrs(IST)
image
Business EconomyPosted at: Oct 21 2017 7:12PM


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
Please log in to get detailed story.
Tags: #Govt fixes issue price of Rs 2971 per gram for SGBS 2017-18
More News
Sensex ends in green; up 89 83 points

Sensex ends in green; up 89 83 points

23 Apr 2024 | 6:58 PM

Mumbai, April 23 (UNI) The stock market on Tuesday opened strong with 400 points up with all-round shopping but paired early gains towards end of the trading hour and closed at 73,738, about 90 points up from its previous close.

see more..

FHRAI seeks govt intervention to utilize increased FAR scheme for hotel industry expansion

23 Apr 2024 | 6:55 PM

New Delhi, Apr 23 (UNI) The apex association of hotels and restaurants FHRAI has approached the Government for resolution of long pending issue of not able to use the provision of increased Floor Area Ratio (FAR) saying this coming in the way to expanding the capacity and new hotel developments in Delhi.

see more..

23 Apr 2024 | 6:22 PM

New Delhi, Apr 23 (UNI) Telecom major Jio Infocomm, a wholly owned by Reliance Industries Limited, has increased its subscriber tally to 470.86 million at the end of December, 2023, up 8.76 per cent from its subscriber base of 432.92 million a year ago.

see more..

Kottayam-Kochi Rubber Market Rates

23 Apr 2024 | 6:11 PM

Kottayam, April 23 (UNI) Following were the Rubber Market rates announced by the Rubber Board here today per quintal.

see more..

Rupee marginally up 3 paise against USD

23 Apr 2024 | 4:37 PM

Mumbai, April 23 (UNI) The Rupee on Tuesday gained three paise to close at 83.34 against the USD on selling US Dollar by bankers and exporters, dealers at the Foreign exchange said.

see more..
image