{"id":280390,"date":"2022-12-26T15:30:30","date_gmt":"2022-12-26T10:00:30","guid":{"rendered":"https:\/\/www.scconline.com\/blog\/?p=280390"},"modified":"2022-12-26T15:19:49","modified_gmt":"2022-12-26T09:49:49","slug":"reservebankofindia-rbi-issued-circular-announcing-seriesiiiandiv-sovereigngoldbondscheme2022-2023-legal-update-research-news","status":"publish","type":"post","link":"https:\/\/www.scconline.com\/blog\/post\/2022\/12\/26\/reservebankofindia-rbi-issued-circular-announcing-seriesiiiandiv-sovereigngoldbondscheme2022-2023-legal-update-research-news\/","title":{"rendered":"RBI announces Series III and IV Sovereign Gold Bond Scheme 2022-23"},"content":{"rendered":"
\n

   <\/p>\n

On 16-12-2022, the Reserve Bank of India (‘RBI') has announced Series III and IV of Sovereign Gold Bond Scheme 2022-2023.<\/p>\n

Applicability: <\/span>applicable on Scheduled Commercial Banks, Designated Post Offices, Stock Holding Corporation of India Ltd., National Stock Exchange of India Ltd., Clearing Corporation of India Ltd.<\/p>\n

Key Points:<\/span><\/p>\n

    \n
  1. \n

    Under this scheme, there will be a distinct series for every tranche.<\/p>\n<\/li>\n

  2. \n

    The date of issuance of bonds will vary for every series and the subscription under this scheme will open on the following dates only (Monday to Friday):<\/p>\n

      \n
    • \n

      Series III- Date of subscription will be starting from 19-12-2022 until 23-12-2022 and date of issuance will be 27-12-2022.<\/p>\n<\/li>\n

    • \n

      Series IV- Date of subscription will be starting from 6-3-2023 until 10-3-2023 and date of issuance will be 14-3-2023.<\/p>\n<\/li>\n<\/ul>\n<\/li>\n

    • \n

      Application: <\/span>Subscription will be made in the prescribed Form A. The acknowledgement of receipt of the same will be made by the Receiving Office in Form B and the following has to be clearly stated by the applicant- the grams (in unit) of gold, full name and address of the applicant, PAN details.<\/span><\/p>\n<\/li>\n

    • \n

      Online applications should contain the email id of the applicant and the same, along with the subscription details, has to be uploaded on Ekuber portal of RBI.<\/p>\n<\/li>\n<\/ol>\n

      *Kriti Kumar, Editorial Assistant has reported this brief.<\/span><\/strong><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

          On 16-12-2022, the Reserve Bank of India (‘RBI') has announced Series III and IV of Sovereign Gold Bond Scheme 2022-2023. <\/p>\n","protected":false},"author":67011,"featured_media":278862,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[4,1193],"tags":[2611,53844,53843],"class_list":["post-280390","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-legislationupdates","category-notifications","tag-RBI","tag-series-iii-and-iv","tag-sovereign-gold-bond-scheme"],"yoast_head":"\nRBI announces Series III and IV Sovereign Gold Bond Scheme 2022-23 | SCC Times<\/title>\n<meta name=\"description\" content=\"On 16-12-2022, the Reserve Bank of India (\u2018RBI') has announced Series III and IV of Sovereign Gold Bond Scheme 2022-2023.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, 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