MP High Court: Railways Liable for Deaths on Tracks if it Fails to Take Preventive Measures || Ker HC: NDPS Case Stands Even if Contraband Listed in Ml, if Chemical Report Shows Equivalent Weight || Kerala HC: Father’s Retirement Benefits Can Be Attached for Child Maintenance Despite S.60(1)(g) CPC || Supreme Court: A Decree Declared 'Nullity' Can be Challenged at Any Stage, Including Execution || SC Explains How 'Intention' & 'Knowledge' Decide if S.304 IPC Offence is Culpable Homicide Not Murder || NCLAT New Delhi: Public Auction Not Required for Sale of Encumbered Assets if Charge Holders Consent || SC: Rejection of Plaint is Appealable, but no Appeal Lies Against Order Refusing to Reject Plaint || SC Mulls Guidelines After Accused in Lawyers’ Robes Commits Murder in Court Premises || Supreme Court: Subsequent Purchaser Without Due Verification Bound by Previous Sale Agreement || SC: Service Tax Not Applicable on Transfer of Title in Immovable Property

Minimum Deposit to be 30 grams of Raw Gold in Gold Monetisation Scheme- (Reserve Bank of India) (03 Nov 2015)

MANU/RPRL/0191/2015

Banking

The Reserve Bank of India has modified the minimum amount of gold that can be deposited under the Gold Monetisation Scheme. Under the modified provision, the minimum deposit at any one time shall be 30 grams of raw gold. The Central Government has further fixed the rate of interest on Medium and Long Term Government Deposit at 2.25 per cent and 2.50 per cent per annum, respectively.

Relevant : Gold Monetisation Scheme, 2015- Interest Rate MANU/RMIC/0372/2015 Gold Monetisation Scheme, 2015 MANU/RMIC/0370/2015

Tags : GOLD MONETISATION MINIMUM DEPOSIT

Share :