Major changes in Modi government’s gold bond scheme will benefit investors


The Sovereign Gold Bond Scheme was launched in 2015 by the Narendra Modi Government. This scheme has undergone a major change.

According to the Reserve Bank of India, investors in Sovereign Gold Bonds For redressal of grievances The process is fixed. Now investors can also complain to the Reserve Bank.

Major changes in Modi
Major changes in Modi

The Reserve Bank said that the nodal officers of the Receipt Office (RO) would be the first point of contact to make the grievance process more efficient. Receipt office here means Banks, Stock Holding Corporation of India Limited. (SCHIL), Designated Post Offices and Recognized Stock Exchanges (NSE and BSE).

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