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Daily Archives: May 29, 2021

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Subscription for Sovereign Gold Bond Scheme 2021 Series III opens from May 31

Wealth ManagementBy Surendra NaikMay 29, 2021

In terms of GoI notification F.No.4(5)-B(W&M)/2021 and RBI press release dated May 12, 2021, the Sovereign Gold Bond Scheme 2021-22 – Series III will be open for subscription for the period from May 31, 2021 to June 04, 2021. The nominal issue price per gram of gold for off-line subscriber is Rs.4889 (Rupees Four thousand…

National Payments Corporation of India (NPCI) and its products

Information TechnologyBy Surendra NaikMay 29, 2021

NPCI is an umbrella organisation for operating retail payments and settlement systems in India, under the provisions of the Payment and Settlement Systems Act, 2007, for creating a robust Payment & Settlement Infrastructure in India. It has been incorporated as a “Not for Profit” Company under the provisions of Section 25 of Companies Act 1956…

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