Redemption price of 1st SGB tranche announced; investors make 128% return excluding interest
The Reserve Bank of India (RBI) has announced the final redemption price of the first tranche of the sovereign gold bond (SGB) scheme at Rs 6,132 per gram and fixed the redemption date as November 30, Thursday. The investors who invested in the scheme have made an income of a whopping 128% (Rs 3,448) over … Read more