After losing the opportunity of issuing Sovereign Gold Bonds (SGB) on the occasion of Akshaya Tritiya amidst the heat of Lok Sabha elections and missing the target of direct tax collections by around 15 per cent, the government seems determined to fill the void. Taking a firm step in this direction, the Government of India, in consultation with the Reserve Bank of India (RBI), has decided to issue the Sovereign Gold Bonds every month from June 2019 to September 2019.
Now you can invest in the Bonds every month for the next four months either online or offline through Scheduled Commercial banks (except Small Finance Banks and Payment Banks), Stock Holding Corporation of India Limited (SHCIL), designated post offices, and National Stock Exchange of India (NSE) and Bombay Stock Exchange (BSE).
