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    <title>Cabinet approves revision of guidelines of Sovereign Gold Bonds Scheme</title>
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    <description>Cabinet-approved revisions to the Sovereign Gold Bond Scheme increase annual investment ceilings, count ceiling on a fiscal year basis including secondary market purchases, and exclude bank/financial institution collateral holdings. The Ministry of Finance is empowered to introduce product variants with different interest and pay off profiles subject to Finance Minister approval. Issuance will move &#039;on tap&#039;, market making initiatives will be introduced to improve liquidity and tradability, and the Government may allow higher agent commissions to enhance investor uptake.</description>
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