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Third Tranche of SGB from 8th March 2016 to 14th March 2016 as per initial figures show more than 64000 Applications received for a total subscription of 1128 Kilograms of Gold amounting to ₹ 329 crore; SGB to be issued on March 29 2016.

News and Press Release - Dated:- 18-3-2016 - Press Information Bureau Government of India Ministry of Finance 18-March-2016 17:08 IST During the third tranche of the Sovereign Gold Bond (SGB) scheme from 8th March, 2016 to 14th March, 2016, as per initial figures, more than 64,000 applications have been received for a total subscription of 1128 Kilograms of gold amounting to ₹ 329 crore. The actual figure may vary as comprehensive information from all the authorized receiving agencies is u .....

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s kept open from 8th to 14th March, 2016. A Review Meeting through video conferencing was held with the Banks in national Capital by Shri Shaktikanta Das, Secretary, Economic Affairs before the opening of the issue. 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 First Tranche of SGB issued in November 2015, 62169 applications were a .....

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