Daily Archives: June 6, 2019

Sovereign Gold Bond Scheme 2019-20 announced by Government of India

The Government of India has announced Sovereign Gold Bond Scheme 2019-20 (“the Bonds”). The Bonds under this Scheme may be held by a person resident in India, being an individual, in his capacity as such individual, or on behalf of minor child, or jointly with any other individual. The bond may also be held by…

Repo Rates and Other Key Policy Rates (latest)

Reserve Bank of India (RBI) has today (June 6, 2019) announced its second Bi-Monthly Monetary Policy Rates for 2019-20. The Monitory Policy Committee (MPC) of Reserve Bank of India decided to reduce the policy repo rate under the liquidity adjustment facility (LAF) by 25 basis points to 5.75 per cent from 6.0 per cent with…