Sovereign Gold Bonds are issued by RBI, in both demat and paper form, on behalf of the Government of India on payment of the required amount in rupees and are denominated in grams of gold.
The government has got down to some stock-taking of sovereign gold bond and gold monetisation schemes, which were launched in the first week of November with much fanfare.
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
Prime Minister Narendra Modi on Thursday unveiled the much awaited set of gold schemes each serving a unique purpose; primarily aimed at bringing out the gold holdings held by households and institutions and using it producti
Sovereign Gold Bonds scheme 2015 was launched on Thursday by PM Narendra Modi. Here are top 10 frequently asked questions (FAQs) about Sovereign Gold Bonds scheme 2015:
Prime Minister Narendra Modi on Thursday said that gold is an important aspect of women empowerment, adding that the 3 gold schemes he launched today are focused on the country's growth.
Commenting on the newly-launched Gold schemes, the FICCI said that these policies would allow channelization of the unutilized domestic gold reserves towards supporting the country's economic growth...
Three gold schemes were launched today. The Gold Monetisation Scheme (GMS), 2015 will offer option to resident Indians to deposit their precious metal and earn an interest of up to 2.5 per cent...
Three gold schemes (Gold Monetisation Scheme, Sovereign Gold Bonds Scheme and Indian gold coin & bullion) were launched today. Here is what FM Arun Jaitley said:
Narendra Modi today launched three gold schemes (Gold Monetisation Scheme, Sovereign Gold Bonds Scheme and Indian gold coin & bullion) to reduce physical demand for gold and put into the Indian financial system $800 billion w