Friday, 27 October 2017

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




Government of India
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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