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3.16 lakh applications were received by the Banks during the Second Tranche of Sovereign Gold Bonds for a total subscription of 2790 Kilograms of Gold amounting to ₹ 726 crore

News and Press Release - Dated:- 28-1-2016 - During the second tranche of Sovereign Gold Bond (SGB) Scheme from 18th January, 2016 to 22nd January, 2016, as per initial figures, 3.16 lakh applications were received for a total subscription of 2790 Kilograms of gold amounting to ₹ 726 crore by the Banks. The actual figure may vary as comprehensive information from all the authorized receiving agencies is under compilation. These Bonds will be issued on February 08, 2016. The top ten receivi .....

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dressed the CMDs of the banks through video conference on 14th January, 2016 to discuss their preparedness for the second tranche of the Sovereign Gold Bond Scheme. Review meetings were also held with the Banks in Mumbai and Delhi by Shri Shaktikanta Das, Secretary, Economic Affairs. To increase the awareness amongst potential depositors, the Government had also launched the media campaign through AIR, FM radio, Print media, Mobile SMS, facebook and twitter. It may be recalled that during the Fi .....

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