TAG: SGB
Sovereign Gold Bond: SGB 2017-18 Series I can be redeemed at 111% higher than issue price: Check here
The Reserve Bank of India (RBI) has fixed the premature withdrawal price of the Sovereign Gold Bond (SGB) Series I of 2017-18 ₹6,115 per unit, a staggering 110% above the issue price of ₹2,901, doubling investors' money within a span of just five years....
6 months ago
Sovereign gold bonds will get at least 12% total return: Revenue Secy
The sovereign gold bonds will get at least 12 percent total return, including interest, for the investors despite the Union budget cutting customs duties on gold and silver to 6 percent from 15 percent, Revenue Secretary Sanjay Malhotra said on July 30.“I...
2 months ago