Posts

Showing posts with the label Reserve Bank of India

Central Government News

RBI: ALL AGENCY BANKS MUST REMAIN AVAILABLE TO THE PUBLIC ON 31 MARCH 2019 (SUNDAY)

RBI: All Agency Banks must remain available to the public on 31 March 2019 (Sunday) RESERVE BANK OF INDIA RBI/2018-19/150 DBR.No.Leg.BC.30/09.07.005/2018-19 March 26, 2019 All Agency Banks Dear Sir/ Madam All Agency Banks to remain open for public on March 31, 2019 (Sunday) The Government of India has advised that all Pay and Account Offices will remain open on March 31, 2019 (Sunday) to facilitate government receipt and payment transactions. Accordingly, all Agency Banks are advised to keep all their branches dealing with government business open on March 31, 2019 (Sunday). Banks shall give due publicity about availability of above banking services on this day. Yours faithfully (Saurav Sinha) Chief General Manager-in-Charge

SOVEREIGN GOLD BOND SCHEME 2018-19 (SERIES III) – ISSUE PRICE

Ministry of Finance Sovereign Gold Bond Scheme 2018-19 (Series III) – Issue Price 02 NOV 2018 Government of India, in consultation with the Reserve Bank of India, Sovereign Gold Bonds 2018-19 (Series III) will be opened for the period November 05-09, 2018. The issue price of the Bond during this subscription period i.e. November 05-09, 2018, shall be Rs.3,183 (Rupees Three Thousand One Hundred Eighty Three only) – per gram with Settlement on November 13, 2018, as also published by RBI in their Press Release dated October 12, 2018. Government of India in consultation with the Reserve Bank of India, has decided to allow discount of Rs.50 (Rupees Fifty) per gram from the issue price to those investors who apply online and the payment is made through digital mode. For such investors the issue price of Gold Bond will be Rs.3,133 (Rupees Three Thousand One Hundred Thirty Three only) per gram of gold. PIB

Sovereign Gold Bond Scheme 2018-19 (Series II) – Issue Price

Ministry of Finance Sovereign Gold Bond Scheme 2018-19 (Series II) – Issue Price 12 OCT 2018 Government of India, in consultation with the Reserve Bank of India, Sovereign Gold Bonds 2018-19 (Series II) will be opened for the period October 15-19, 2018. The issue price of the Bond during this subscription period i.e. October 15-19, 2018, shall be Rs. 3,146 (Rupees Three Thousand One Hundred Forty Six only) – per gram with Settlement on October 23, 2018, as also published by RBI in their Press Release dated October 12, 2018. Government of India in consultation with the Reserve Bank of India, has decided to allow discount of Rs.50 (Rupees Fifty) per gram from the issue price to those investors who apply online and the payment is made through digital mode. For such investors the issue price of Gold Bond will be Rs. 3,096 (Rupees Three Thousand Ninety  Six only) per gram of gold. PIB

Banks to remain open till 8 pm on 31.3.2018 – RBI Circular

Image
Banks to remain open till 8 pm on 31.3.2018 – RBI Circular “All agency banks should keep the counters of their designated branches conducting government banking open for government transactions up to 8.00 p.m. on March 31, 2018” Annual Closing of Government Accounts – Transactions of Central / State Governments – Special Measures for the Current Financial Year (2017-18) RBI/2017-18/144 DGBA.GBD.No.2388/42.01.029/2017-18 March 27, 2018 All agency banks Dear Sir / Madam Annual Closing of Government Accounts – Transactions of Central / State Governments – Special Measures for the Current Financial Year (2017-18) The Government of India has desired that all government transactions with banks for Financial Year 2017-18 must be accounted for within the same financial year and has requested that, as in previous years, certain special arrangements be made for this purpose. Accordingly, all agency banks should keep the counters of their designated branches conducting government banki...

RBI Circular: Banks to remain open till 8 pm on 31.3.2018

RBI Circular: Banks to remain open till 8 pm on 31.3.2018 "All agency banks should keep the counters of their designated branches conducting government banking open for government transactions up to 8.00 p.m. on March 31, 2018" Annual Closing of Government Accounts - Transactions of Central / State Governments - Special Measures for the Current Financial Year (2017-18) RBI/2017-18/144 DGBA.GBD.No.2388/42.01.029/2017- 18 March 27, 2018 All agency banks Dear Sir / Madam Annual Closing of Government Accounts - Transactions of Central / State Governments - Special Measures for the Current Financial Year (2017-18) The Government of India has desired that all government transactions with banks for Financial Year 2017-18 must be accounted for within the same financial year and has requested that, as in previous years, certain special arrangements be made for this purpose. Accordingly, all agency banks should keep the counters of their designated branches conducting government bankin...

Sovereign Gold Bond Scheme 2017-18 Issue Price

Sovereign Gold Bond Scheme 2017-18 Issue Price Government of India, in consultation with the Reserve Bank of India, had floated Series III of Sovereign Gold Bonds 2017-18, for a period from October 09, 2017 to December 27, 2017 (with subscription period Monday to Wednesday every week). The Bonds will be issued on the succeeding Monday after each subscription period. For the next subscription period i.e. December 18-20, 2017, the issue price shall be Rs.2,866 (Rupees Two Thousand Eight Hundred Sixty Six only) - per gram with Settlement on December 26, 2017, as also published by RBI in their Press Release dated December 15, 2017. Government of India in consultation with the Reserve Bank of India, has decided to allow discount of Rs.50 (Rupees Fifty) per gram from the issue price to those investors who apply online and the payment is made through digital mode. PIB