Loss for RBI. hence may not available fresh issue.
sovereign gold bonds
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No further tranche of sovereign gold bonds...!
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not sure how much is true though (below news)..
It was a great instrument for the middle class for wealth creation/allocation in small installments. Horrible move going after the middle class again.
Govt owes 85,000 cr to investors in this scheme - SGB cancelled
For context -
Banks have written off Rs 10.57 lakh crore during the last five financial years, of which Rs 5.52 lakh crore was in respect of loans pertaining to large industries, the government informed the Parliament
https://economictimes.indiatimes.com/industry/banking/finance/banking/banks-write-off-rs-10-57-lakh-crore-in-five-years-make-npa-recovery-worth-rs-7-17-lakh-crore/articleshow/105757525.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst
Who was the last industrialist that was made to pay for this mess. Pathetic
Amrit Kaal chal raha hai bhai, yeh sab hona usi ka part hai
It was a great instrument for the middle class for wealth creation/allocation in small installments. Horrible move going after the middle class again.
Govt owes 85,000 cr to investors in this scheme - SGB cancelled
For context -
Banks have written off Rs 10.57 lakh crore during the last five financial years, of which Rs 5.52 lakh crore was in respect of loans pertaining to large industries, the government informed the Parliament
https://economictimes.indiatimes.com/industry/banking/finance/banking/banks-write-off-rs-10-57-lakh-crore-in-five-years-make-npa-recovery-worth-rs-7-17-lakh-crore/articleshow/105757525.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst
Who was the last industrialist that was made to pay for this mess. Pathetic
It was a great instrument for the middle class for wealth creation/allocation in small installments. Horrible move going after the middle class again.
Govt owes 85,000 cr to investors in this scheme - SGB cancelled
For context -
Banks have written off Rs 10.57 lakh crore during the last five financial years, of which Rs 5.52 lakh crore was in respect of loans pertaining to large industries, the government informed the Parliament
https://economictimes.indiatimes.com/industry/banking/finance/banking/banks-write-off-rs-10-57-lakh-crore-in-five-years-make-npa-recovery-worth-rs-7-17-lakh-crore/articleshow/105757525.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst
Who was the last industrialist that was made to pay for this mess. Pathetic
Why Govt owes 85,000 cr?
Didn't they buy Gold when we paid them or what?
If they bought the Gold than how come the loss is there.
If they didn't buy, than this is the Baap of all the scams.