Gold Monetisation Scheme
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Government's Gold Bond Scheme Open For Subscription. All You Need To Know
The Sovereign Gold Bond scheme opened for subscription under its seventh tranche of the year on Monday. Bonds under the SGB programme - in which the RBI issues bonds linked to the market price of the yellow metal on behalf of government - are available at Rs 5,051 per unit, which is equivalent to the market value of one gram of gold. After the curr...
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Sovereign Gold Bonds To Open For Subscription On Monday. Here's All You Need To Know
Gold Bond Scheme: Launched in 2015 along with the Gold Monetisation Scheme, the Sovereign Gold Bond scheme provides gold-linked returns and an additional return at 2.5 per cent per annum. Wealth planners say gold bonds are an effective way to invest in non-physical gold.
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Pay Interest 'Immediately' On Gold Deposited Under Monetisation Scheme: RBI To Banks
In future, payment of interest to gold depositors is to be made on the due dates, says RBI.
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Somnath Trust To Deposit 6 Kg Gold Under Central Scheme
The Somnath Trust, which met in New Delhi today, decided to deposit about 6 kg gold under the government's monetisation scheme.
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Fifth Tranche Of Gold Bonds Likely To Be Issued Next Month: Report
Seeking to contain demand for physical gold, the government is likely to issue a fifth tranche of the sovereign gold bond (SGB) scheme next month.
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Government Mobilises Over 3 Tonnes Of Gold Under Monetisation Scheme
The government on Thursday said it has netted 3.1 tonnes of idle household and temple gold under the monetisation scheme since its launch in November 2015.
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MMTC To Auction Gold Collected Under Monetisation Scheme: Report
State-owned trading firm MMTC to e-auction the precious metal collected by the government under the Gold Monetisation Scheme in lots of five kg bars.
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With Loads Of Gold, Tirupati Looks For Higher Interest Rates
The management of Tirupati Balaji Temple in Andhra Pradesh has said it will look for banks that offer highest interest rates for its gold available for investment.
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Government Says Gold Bond Trading To Begin By Month-End
The government on Monday said trading of the sovereign gold bond (SGB) will begin by the end of the month and the fourth tranche of the scheme will be launched thereafter.
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Gold Monetisation Scheme Mobilises 2.8 Tonnes So Far
The government has so far collected 2.8 tonnes of gold under the gold monetisation scheme (GMS), which has been in force for a little over six months, Parliament was informed on Tuesday.
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Temple Managing Body May Put 7.5 Tonnes Gold Under Monetisation Scheme
Tirumala Tirupati Devasthanam (TTD), which manages the Sri Venkateswara Swamy temple in Tirupati, may move all of its 7.5 tonnes of stashed gold under the government's gold monetisation scheme (GMS).
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1,500 Kg Of Gold Deposited By Temples, Trusts Under Monetisation Scheme
Banks have collected about 1,500 kg of gold from temples and trusts under the Gold Monetisation Scheme (GMS) since its launch last November.
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Gold Monetisation Scheme: PNB Says It Is Top Mobiliser
State-owned Punjab National Bank on Tuesday said it has become the top mobiliser under Gold Monetisation Scheme, which was launched by Prime Minister Narendra Modi in November.
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Gold Monetisation Scheme Now More Attractive for Temples as Repayments Allowed
The government on Friday tweaked its gold monetisation scheme to allow repayments in gold for medium- and long-term deposits, making the plan more attractive for temples that are sitting on thousands of tonnes of the metal.
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Tirupati Temple Wants Gold, Not Cash, Under Monetisation Scheme
The Sri Venkateswara Swamy Temple in Tirupati, one of the world's richest temples, is asking to be repaid in gold for longer-term deposits it makes under the government's monetisation scheme in order to make the plan more attractive to the temples that are sitting on thousands of tonnes of the metal.
-
Government's Gold Bond Scheme Open For Subscription. All You Need To Know
The Sovereign Gold Bond scheme opened for subscription under its seventh tranche of the year on Monday. Bonds under the SGB programme - in which the RBI issues bonds linked to the market price of the yellow metal on behalf of government - are available at Rs 5,051 per unit, which is equivalent to the market value of one gram of gold. After the curr...
-
Sovereign Gold Bonds To Open For Subscription On Monday. Here's All You Need To Know
Gold Bond Scheme: Launched in 2015 along with the Gold Monetisation Scheme, the Sovereign Gold Bond scheme provides gold-linked returns and an additional return at 2.5 per cent per annum. Wealth planners say gold bonds are an effective way to invest in non-physical gold.
-
Pay Interest 'Immediately' On Gold Deposited Under Monetisation Scheme: RBI To Banks
In future, payment of interest to gold depositors is to be made on the due dates, says RBI.
-
Somnath Trust To Deposit 6 Kg Gold Under Central Scheme
The Somnath Trust, which met in New Delhi today, decided to deposit about 6 kg gold under the government's monetisation scheme.
-
Fifth Tranche Of Gold Bonds Likely To Be Issued Next Month: Report
Seeking to contain demand for physical gold, the government is likely to issue a fifth tranche of the sovereign gold bond (SGB) scheme next month.
-
Government Mobilises Over 3 Tonnes Of Gold Under Monetisation Scheme
The government on Thursday said it has netted 3.1 tonnes of idle household and temple gold under the monetisation scheme since its launch in November 2015.
-
MMTC To Auction Gold Collected Under Monetisation Scheme: Report
State-owned trading firm MMTC to e-auction the precious metal collected by the government under the Gold Monetisation Scheme in lots of five kg bars.
-
With Loads Of Gold, Tirupati Looks For Higher Interest Rates
The management of Tirupati Balaji Temple in Andhra Pradesh has said it will look for banks that offer highest interest rates for its gold available for investment.
-
Government Says Gold Bond Trading To Begin By Month-End
The government on Monday said trading of the sovereign gold bond (SGB) will begin by the end of the month and the fourth tranche of the scheme will be launched thereafter.
-
Gold Monetisation Scheme Mobilises 2.8 Tonnes So Far
The government has so far collected 2.8 tonnes of gold under the gold monetisation scheme (GMS), which has been in force for a little over six months, Parliament was informed on Tuesday.
-
Temple Managing Body May Put 7.5 Tonnes Gold Under Monetisation Scheme
Tirumala Tirupati Devasthanam (TTD), which manages the Sri Venkateswara Swamy temple in Tirupati, may move all of its 7.5 tonnes of stashed gold under the government's gold monetisation scheme (GMS).
-
1,500 Kg Of Gold Deposited By Temples, Trusts Under Monetisation Scheme
Banks have collected about 1,500 kg of gold from temples and trusts under the Gold Monetisation Scheme (GMS) since its launch last November.
-
Gold Monetisation Scheme: PNB Says It Is Top Mobiliser
State-owned Punjab National Bank on Tuesday said it has become the top mobiliser under Gold Monetisation Scheme, which was launched by Prime Minister Narendra Modi in November.
-
Gold Monetisation Scheme Now More Attractive for Temples as Repayments Allowed
The government on Friday tweaked its gold monetisation scheme to allow repayments in gold for medium- and long-term deposits, making the plan more attractive for temples that are sitting on thousands of tonnes of the metal.
-
Tirupati Temple Wants Gold, Not Cash, Under Monetisation Scheme
The Sri Venkateswara Swamy Temple in Tirupati, one of the world's richest temples, is asking to be repaid in gold for longer-term deposits it makes under the government's monetisation scheme in order to make the plan more attractive to the temples that are sitting on thousands of tonnes of the metal.
