https://www.taxtmi.com/news?id=15599 Repurchase of Government Stocks is authorised for cash management by prematurely redeeming specified securities through reverse auction in one or more tranches; the Reserve Bank of India will notify procedure and settlement dates. Payment for accepted bids will be made from government cash balances maintained with the Central Account Section, including accrued interest on successful offers, and repurchased securities will be prematurely redeemed and cease to accrue interest. Matters not provided in this Notification are governed by the Government Securities Act, 2006, the Government Securities Regulations, 2007 and earlier corresponding notifications. en-us Wed, 03 Feb 2016 10:02:00 +0530 Wed, 03 Feb 2016 10:02:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=15599 Repurchase of Government Stocks is authorised for cash management by prematurely redeeming specified securities through reverse auction in one or more tranches; the Reserve Bank of India will notify procedure and settlement dates. Payment for accepted bids will be made from government cash balances maintained with the Central Account Section, including accrued interest on successful offers, and repurchased securities will be prematurely redeemed and cease to accrue interest. Matters not provided in this Notification are governed by the Government Securities Act, 2006, the Government Securities Regulations, 2007 and earlier corresponding notifications. News - Wed, 03 Feb 2016 10:02:00 +0530 https://www.taxtmi.com/news?id=15599