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Gold schemes News

Gold bond scheme

13 Jan 2016

Banks to issue 2nd tranche of gold bond scheme soon: Finance Ministry

The scheme is aimed at reducing the demand for gold in physical form by encouraging people to buy the commodity in demat or paper form.

29 Nov 2015

FinMin to meet banks on December 1 to make Gold scheme attractive

Out of the 20,000 tonnes of gold worth over Rs 52 lakh crore lying idle with households and institutions, the scheme has been able to garner only 400 gm of physical gold till November 18.

06 Nov 2015

Over 3K calls received on toll free number on gold schemes: Das

The government on Friday said the gold schemes have generated good response and as many as 3,000 calls were received on the toll free number.

05 Nov 2015

Gold schemes will expand consumer choices, help economy: WGC

Lauding the launch of three gold schemes by Prime Minister Narendra Modi, World Gold Council (WGC) on Thursday said the initiative will expand consumer choices and help the economy.

gold monetisation scheme

05 Nov 2015

PM Narendra Modi launches gold schemes; coin with Ashok Chakra, Gandhi image

With the objective to bring down physical buying of gold, the Sovereign Gold Bonds Scheme was launched that offers 2.75 percent annual interest rate.

20 Oct 2015

PM Modi to launch first ever 'India gold coin' bearing Ashoka Chakra

Prime Minister Narendra Modi will launch the first ever 'India gold coin' bearing Ashok Chakra and other schemes on November 5.

16 Sep 2015

Twin gold schemes: FinMin gives details, RBI to decide rates

The government Wednesday came out with details of the twin gold schemes aimed at reducing the demand for physical gold and said that interest rate on the schemes would be decided in consultation with the RBI.

gold monetisation scheme

10 Sep 2015

Gold monetisation scheme: 2% interest likely on gold deposits

The government is gearing up to launch the gold monetisation scheme around Diwali with an interest rate of 1.5-2 percent on gold deposits, said a senior finance ministry official.

09 Sep 2015

Gold deposit and bond schemes: Key facts you should know

Highlights of the two gold schemes approved at a Cabinet meeting chaired by Prime Minister Narendra Modi.

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