Amendment to Sovereign Gold Bond Scheme, Notification No.4(25)-W&M)/2017

Dated 25th October, 2017 | Copy of | Finance Notification Sl.133 | 

Amendment to Sovereign Gold Bond
Scheme, Notification No.4(25)-W&M)/2017

1. In exercise of the powers conferred by clause (iii) of section 3 of the Government Securities Act, 2006 (38 of 2006), the Central Government hereby amends the conditions
specified in clause 13 of the Sovereign Gold Bond Scheme notified vide Notification No.F.4(25)- W&M/2017dated 06th October 2017 [Notification No.GSR 1225(E)].

2. In place of clause 13 of the original Notification the following shall be substituted:

“13. Eligibility for Statutory Liquidity Ratio:-

Bonds acquired by the banks through the process of invoking lien/hypothecation/pledge alone, shall be counted towards Statutory Liquidity Ratio.” By Order of the President of India 

Sd/-
(Prashant Goyal)
Jt. Secy.

G.S.R.1330(E)
F.No.4(25)-W&M/2017
Issued by:
Ministry of Finance
(Department of Economic Affairs)
New Delh