What Are Sovereign Gold Bonds? Why The Government May Scrap Them
22 Aug 2024
The Indian government is reportedly considering the discontinuation of Sovereign Gold Bonds (SGBs), according to a CNBC-TV18 report citing government sources. This potential move stems from the bonds being deemed "expensive and complex." A Brief History of Sovereign Gold Bonds Introduced in 2015 to reduce gold imports, SGBs represent a...
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