Gold bond scheme

Govt to issue Sovereign Gold Bond 2020-21 from April 2020 to September 2020; details here

The Reserve Bank of India will issue it on behalf of the Government of India.

Apr 13, 2020, 22:48 PM IST

India relaxes rules of Gold Bond Scheme to attract more investors

India eased the restrictions for its Sovereign Gold Bond Scheme after failing to secure the targeted investment, the government said on Wednesday.

Jul 26, 2017, 21:15 PM IST

Digital gold a better option for investment other than physical gold

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Apr 28, 2017, 13:06 PM IST

Gold import plunges 52.5% to $4.97 bn in April-July

Gold imports more than halved to USD 4.97 billion in the first four months of the current fiscal, which is expected to keep a lid on the current account deficit.

Aug 15, 2016, 10:50 AM IST

Sovereign Gold Bond: NSE gets bids worth Rs 106 crore

Leading bourse National Stock Exchange (NSE) Monday said it has received about 341 kg worth of subscription bids valuing over Rs 106 crore for the fourth tranche of the sovereign gold bond scheme.

Jul 25, 2016, 17:47 PM IST

4th tranche of sovereign gold bond scheme opens today, issue price fixed at Rs 3,119 per gram

Sovereign Gold Bond Scheme (SGB) will be open for subscription from July 18-22, 2016 for trading members to subscribe to the issue for their clients.

Jul 18, 2016, 13:01 PM IST

Govt to get Rs 726 crore via 2nd tranche of gold bond scheme

The first tranche of the scheme, which was launched in November, had received a subscription for 915.95 kg of gold worth Rs 246 crore. As many as 62,169 applications had come for the first tranche.

Jan 28, 2016, 18:18 PM IST

Gold bond tranche opens today, other scheme nets in 500 kg

The Gold Bond scheme has an annual cap of 500 grams per person and such bonds will be issued for 5-7 years.

Jan 18, 2016, 12:51 PM IST

RBI fixes gold bonds issue price at Rs 2,600 per gram

The second tranche of sovereign gold bonds and the pricing has been made more attractive as compared to the first tranche when the issue price was Rs 2,684 per gram.

Jan 15, 2016, 21:20 PM IST

Banks to launch 2nd tranche of gold bonds on Jan 18

Aimed at curbing demand for physical gold, the government on Thursday said banks will launch the second tranche of the sovereign gold bond scheme on January 18.

Jan 14, 2016, 20:51 PM IST

Banks to issue 2nd tranche of gold bond scheme soon: Finance Ministry

The scheme is aimed at reducing the demand for gold in physical form by encouraging people to buy the commodity in demat or paper form.

Jan 13, 2016, 19:11 PM IST

Government takes stock of progress in gold schemes

Economic Affairs Secretary Shaktikanta Das Tuesday interacted with members of the public and private bankers here to review the progress of the schemes.

Dec 01, 2015, 23:50 PM IST

Gold Bond Scheme generates Rs 246 cr, RBI issues certificates

RBI Tuesday said the Sovereign Gold Bond (SGB) scheme has received a good response with total subscription value amounting to Rs 246 crore and it has already issued certificates.

Dec 01, 2015, 23:21 PM IST

Govt gets Rs 246 crore from gold bonds, tweaks monetisation scheme

Government on Friday said Gold Bond scheme got overwhelming response from retail investors with 63,000 applications amounting to Rs 246 crore, while the gold monetisation scheme, which has so far witnessed a "slow response", has been tweaked.

Nov 27, 2015, 20:11 PM IST

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 dampener.

Nov 22, 2015, 13:13 PM IST

Over 3K calls received on toll free number on gold schemes: Das

The government on Friday said the gold schemes have generated good response and as many as 3,000 calls were received on the toll free number.

Nov 06, 2015, 18:03 PM IST

Sovereign Gold Bonds to attract investors over other options: Report

The Sovereign Gold Bond Scheme (SGBS) may address pure investment demand for the yellow metal and is easy to implement relative to the gold monetisation scheme, the India Ratings report said.

Nov 02, 2015, 18:43 PM IST

Gold bonds to be launched on Nov 5; to offer 2.75% interest

The gold bond scheme will offer investors a choice to buy bonds worth 2 grams of gold.

Oct 30, 2015, 19:58 PM IST

Twin gold schemes: FinMin gives details, RBI to decide rates

The government Wednesday came out with details of the twin gold schemes aimed at reducing the demand for physical gold and said that interest rate on the schemes would be decided in consultation with the RBI.

Sep 16, 2015, 22:13 PM IST

Sovereign gold bond scheme more likely to succeed: Nomura

Annual investment demand for gold is estimated at 300 MT per annum, which is around 35 percent of India's gold import bill (USD 34 billion in fiscal year 2014-15).

Sep 11, 2015, 15:46 PM IST