July 31, 2016 8:44 AM

printer

Centre realises Rs. 919 crore through 4th tranche of its Sovereign Gold Bond scheme

The Centre has realised 919 crore rupees through the fourth tranche of its Sovereign Gold Bond scheme, the highest so far. <br/><br/>The Finance Ministry in a press statement yesterday said, these numbers are likely to go up as receiving offices are keying in data for huge number of applications received on the<br/>last day. <br/><br/><br/>SBI, NSE, Bank of India, ICICI Bank and HDFC Bank were the top five receiving offices. The total subscription in the<br/>first three tranches was Rs 1,318 crore corresponding to 4.9 tonnes of gold.<br/><br/>In the Union Budget 2015-16, the SGB scheme was launched as an alternative to keeping physical gold.

Most Read
View All arrow-right

No posts found.