The National Stock Exchange of India Limited vide circular dated 03.06.2021, informs that the First Series of Sovereign Gold Bond of Financial Year 2021-2022 shall be available for trading from 04.05.2021. The details of the Series is also published. The coupon rate is at 2.5% and the face value is 4777. The date of redemption is given as 25.05.2029 and the date of issue is given as 25.05.2021.
RBI FAQs on the circular on ‘Reset of Floating Interest Rate on Equated Monthly Installments (EMI) based Personal Loans’
The circular exclusively applies to EMI-based personal loans. It does not extend to other loan types, such as business or commercial loans. Personal loans, as