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    <title>Third Tranche of SGB from 8th March, 2016 to 14th March, 2016, as per initial figures, show more than 64,000 Applications received for a total subscription of 1128 Kilograms of Gold amounting to 329 crore; SGB to be issued on March 29, 2016.</title>
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    <description>Announcement confirming the third tranche of the Sovereign Gold Bond scheme will be issued on the scheduled date after receiving substantial applications; bonds are issued by RBI on behalf of the Government, denominated in grams of gold, purchasable in rupees by resident Indian entities, subject to minimum and maximum subscription limits, carry a fixed annual interest payable half yearly, have an eight year tenor with exit from year five, and provide capital gains exemption on redemption.</description>
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    <pubDate>Fri, 18 Mar 2016 18:12:37 +0530</pubDate>
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