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Finance Minister Shri Arun Jaitley: Asks all the banks to make their best efforts to reach-out to potential investors to invest in the Second tranche of the Sovereign Gold Bonds which will be kept open from 18th January, 2016 to 22nd January, 2016

News and Press Release - Dated:- 15-1-2016 - The Union Finance Minister Shri Arun Jaitley asked all the banks to make their best efforts to reach-out to potential investors to invest in the Second tranche of the Sovereign Gold Bonds which will be kep .....

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redness for the second tranche of the Sovereign Gold Bond Scheme. He said that the Government is keen to expand the scheme in the subsequent tranches as well. This was followed by a review by Shri Shaktikanta Das, Secretary, Department of Economic Af .....

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paign on AIR and FM radio, in print media and through Mobile SMS campaign. Information is also available on the website www.finmin.nic.in/swarnabharat and on the toll free number 18001800000. The First Tranche of Sovereign Gold Bond (SGB) was issued .....

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subscription of 915.953 Kilograms of gold amounting to ₹ 246.20 Cr by the Banks and Post Offices. Earlier, the Government had launched Sovereign Gold Bond on 5th November, 2015. The main objectives of the scheme is to reduce the demand for phys .....

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are denominated in grams of gold. The Bonds are restricted for sale to resident Indian entities including individuals, HUFs, trusts, Universities, charitable institutions. Minimum permissible investment is 2 grams of gold to be paid in rupees. The ma .....

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