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Daily Archives: June 6, 2019

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

Reserve Bank Functions and newsBy Surendra NaikJune 6, 2019Leave a comment

The Government of India has announced the 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 the minor child, or jointly with any other individual. The bond may also be…

Repo Rates and Other Key Policy Rates (latest)

Reserve Bank Functions and newsBy Surendra NaikJune 6, 2019Leave a comment

Updated on May 22, 2020 The Monetary Policy Committee (MPC) advance its meeting scheduled for June 3 to 5, 2020, and announced the slashing of all the key policy rates from immediate effect. As announced in today’s Monetary Policy Statement, 2020-21, it was decided to reduce the policy Repo rate under the Liquidity Adjustment Facility…

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