Quick Summary
MINISTRY OF FINANCE (Department of Economic Affairs) (BUDGET DIVISION) NOTIFICATION New Delhi, the 30th March, 2021 Issue of (i) Non-interest bearing (Non-transferable) Special Gol Security, 2031; (ii) Non-interest bearing (Non-transferable) Special Gol Security 2032; (iii) Non-interest bearing (Non-transferable) Special Gol Security 2033; (iv) Non-interest bearing (Nontransferable) Special Gol Security 2034; (v) Non-interest bearing (Non-transferable) Special Gol Security 2035; and (vi)
Daily Limit Reached
You have reached your daily limit of 2 Free News
Subscribe to CCI PRO for unlimited access
Why Upgrade to CCI PRO?
- No Ads
- WhatsApp Community
- Daily E-Newsletter
- Unlimited News Access
- Profile Visitors
- Link Social Profiles
- Featured Job Posts
- Pro Badge
- Expert GST Guidance
- Unlimited Forum Replies
- Download Content in PDF
1 Year PLAN - Rs.1999
1799
(Excl. of GST ₹323)
2 Years PLAN - Rs.3499
3149
(Excl. of GST ₹566)
BEST VALUE
3 Years PLAN - Rs.4999
4499
(Excl. of GST ₹809)
View all CCI PRO benefits
Already a PRO member? Login here for an ad-free experience. 07941056694
FAQ :
The Government of India is issuing non-interest bearing and non-transferable Special GoI Securities for the years 2031 to 2036.
The securities are notified for issue on March 31, 2021. The actual issue date will be the date of receipt of the subscription amount from eligible banks.
Only public sector banks, as referred to in the annexure to the notification, are eligible to subscribe to these special securities.
No, no other person, including any bank, company, corporation, or any other body, except for the specified public sector banks, is eligible to subscribe.
The special securities will be issued at par for the amount requested in the application by the eligible banks.
The special securities will be issued in the form of 'Stock' and held in the Subsidiary General Ledger Account of the investing public sector bank with the Reserve Bank of India.
CAclubindia
