gold bond scheme
Gold Bond scheme receives excellent response, gets 63,000 applications
Aimed at providing an alternative to buying physical gold, the government had sold gold bonds through banks and post offices between November 5-20. The allotment will take place on November 30.
RBI defers issue date of Sovereign Gold Bonds to Nov 30
The Reserve Bank has shifted the issue date of Sovereign Gold Bond by four days to November 30 to enable their smooth uploading into RBI's e-Kuber system.
Editorial: Bonding with gold
Vital to have scheme on tap, based on current prices.
Vital to have gold bond scheme on tap, based on current prices
Though the sovereign gold bond scheme was meant to take care of the investors’ need to buy gold as an investment against high inflation and poor growth or lack of better investment alternatives, the first tranche of the sch
At paltry Rs 150 crore, gold bonds scheme fails to glitter
The government's much-touted sovereign gold bond scheme has failed to cut much ice with the public, if the final amount of about Rs 150 crore is any indication, say bankers, who also blamed the high issue price as the biggest
Gold bonds scheme ending today, may fetch Rs 150 crore, say bankers
The country imports a staggering 1,000 tonnes of gold every year, draining out foreign exchange and putting pressure on the fiscal deficit.
Very few takers for PM Narendra Modi’s sovereign gold bonds
Sovereign gold bonds introduced recently by the government—a paper alternative to address investment demand for the yellow metal—didn’t excite buyers much.
Sovereign gold bond or ETFs? Which one should you invest in
Unlike gold exchange-traded funds (ETFs), the bonds will not be backed by gold but a sovereign guarantee.
Investors would lose money in gold bonds if the govt cuts import duty from current 10%
PM Narendra Modi on Thursday launched two schemes on gold (Gold Monetisation Scheme, Sovereign Gold Bonds Scheme) as well as a sovereign gold coin, as the government aimed to broaden the investment choices for individuals as
Sovereign Gold Bonds scheme to be launched by PM Modi: Top 10 things to know
The Reserve Bank of India (RBI) has issued operational guidelines for Sovereign Gold Bonds, 2015-16, to be launched by Prime Minister Narendra Modi on Thursday.
PM Narendra Modi launches 3 gold schemes : All you need to know
Prime Minister Narendra Modi will launch three gold related schemes, including 'India gold coin' bearing Ashok Chakra, gold monetisation and gold bond schemes.
Issue price for first tranche of sovereign gold bonds fixed at Rs 2,684/gm
The Reserve Bank of India on Tuesday announced the issue price of the first tranche of sovereign gold bond at Rs 2,684 per gram of gold. Investors can apply for these bonds in receiving offices from November 5-20.
RBI fixes gold bonds issue price at Rs 2,684 per gram
Reserve Bank of India has fixed the public issue price at Rs 2,684 per gram for the sovereign gold bonds, for which applications will be accepted from November 5 to 20.
Gold bond scheme to offer 2.75% interest, but gets no tax waiver
Investors will get a 2.75% annual interest on the sovereign gold bond, the government said on Friday, seeking to provide an alternative to the purchase of physical gold in the country.
Gold monetisation, bond schemes to be launched in November: FinMin
Economic Affairs Secretary Shaktikanta Das also said that govt will very soon issue gold coins with Ashok Chakra symbol, which will also help curb the demand of imported coins.
Gold monetisation, bond schemes: Should you invest?
We take a look at the benefits of both the Sovereign Gold scheme and Gold monetisation scheme and the important aspects of the scheme.
Govt mulls raising Rs 15,000 cr through gold bond scheme
Government is looking at raising Rs 15,000 crore in the current fiscal through the gold bond scheme, for which a cabinet note is likely to be moved for consideration later in the month.
