Ministry
of Finance
Department
of Economic Affairs
New Delhi, dated
the October 25, 2017
NOTIFICATION
Amendment
to Sovereign Gold Bond Scheme, Notification No.4 (25)-W&M/2017
1.
GSR
— 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/2017 dated 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.
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