In terms of Government of India Notification No.4(4)-B(W&M)/2020 dated October 09, 2020, Sovereign Gold Bonds 2020-21 (Series IX) will be opened for the period December 28, 2020 – January 01, 2021 with Settlement date January 05, 2021. The issue price of the Bond during the subscription period shall be Rs 5,000 (Rupees Five thousand only) – per gram, as also… Continue reading "Sovereign Gold Bond Scheme 2020-21 (Series IX) – Issue Price"
Reserve Bank of India today asked all banks and lending institutions in the country to allow a three-month moratorium on all loans in view of coronavirus outbreak. Talking to journalists in Mumbai, the central bank’s Governor Shaktikanta Das said, “Lending companies, banks are allowed tom defer interest on working capital repayments by three months. Banks may also reassess working capital… Continue reading "Allow 3-month moratorium on all loans: RBI to banks"