Ministry of Finance As informed by National Credit Guarantee Trustee Company Limited (NCGTC), the implementing agency for Emergency Credit Line Guarantee Scheme (ECLGS), as on 28.2.2021, cumulative sanction of loans stood at Rs 2.46 lakh crore against which guarantees for a total amount of Rs 2.14 lakh crore to more than 92.27 lakh borrowers have…...
1,11,619 loans amounting to Rs. 24,985.27 crore extended under Stand Up India Scheme since inception
Ministry of Finance The objective of the Stand Up India Scheme is to facilitate loans from Scheduled Commercial Banks (SCBs) of value between Rs. 10 lakh and Rs.1 Crore to at least one Scheduled Caste (SC) or Scheduled Tribe (ST) borrower and one woman borrower per bank branch for setting up a greenfield enterprise in…...
Consultation Paper on Proposed International Financial Services Centres Authority (Issuance and Listing of Securities) Regulations, 2021
Ministry of Finance International Financial Services Centres Authority (IFSCA) has been established as a unified regulator to develop and regulate financial products, financial services and financial institutions in the International Financial Service Centres (IFSCs) in India. IFSCA, in its endeavour to develop a comprehensive and consistent regulatory framework based on global best practices with a…...
Auction for Sale (Re-issue) of ‘4.48% GS 2023’, ‘GoI Floating Rate Bond 2033’, ‘6.22% GS 2035’, and ‘6.67% GS 2050’
Ministry of Finance The Government of India (GoI) has announced the Sale (Re-issue) of (i) ‘4.48% Government Security, 2023’ for a notified amount of Rs 4,000 crore (nominal) through price based auction, (ii) ‘GoI Floating Rate Bonds, 2033’ for a notified amount of Rs 4,000 crore (nominal) through price based auction, (iii) ‘6.22% Government Security, 2035’ for a notified amount of Rs 11,000 crore (nominal) through price based auction and (iv) ‘6.67% Government…...
Repayment of ‘11.50% GoI (IIBI) Special Security 2021’
Ministry of Finance The repayment of Government stockis due as per details given below: Table: Details of GoI Security maturing on March 30, 2021 Sl. No. Name of Security Scheduled Date of Repayment Effective date of Repayment No Interest Accrual from scheduled date of Repayment (1) (2) (3) (4) (5) 1. 11.50% GoI (IIBI)…...
Repayment of ‘8.01% PLI GoI Special Security 2021’
Ministry of Finance The repayment of Government stockis due as per details given below: Table: Details of GoI Security maturing on March 31, 2021 Sl. No. Name of Security Scheduled Date of Repayment Effective date of Repayment No Interest Accrual from scheduled date of Repayment (1) (2) (3) (4) (5) 1. 8.01% PLI GoI…...
Auction for Sale (Re-issue) of ‘3.96% GS 2022’, ‘5.15% GS 2025’, ‘5.85% GS 2030’ and ‘GoI Floating Rate Bond 2033’
Ministry of Finance The Government of India (GoI) has announced the Sale (Re-issue) of (i) ‘3.96% Government Security, 2022’ for a notified amount of Rs 3,000 crore (nominal) through price based auction, (ii) ‘5.15% Government Security, 2025’ for a notified amount of Rs 12,000 crore (nominal) through price based auction, (iii) ‘5.85% Government Security, 2030’ for a notified amount of Rs 12,000…...
Sovereign Gold Bond Scheme 2020-21 (Series XII) – Issue Price
Ministry of Finance In terms of Government of India Notification No.4(4)-B(W&M)/2020 dated October 09, 2020, Sovereign Gold Bonds 2020-21 (Series XII) will be opened for the period March 01-05, 2021 with Settlement date March 09, 2021. The issue price of the Bond during the subscription period shall be Rs 4,662 (Rupees Four thousand Six hundred…...
Revenue Deficit Grant of Rs. 6,195 crore released to 14 States.
Ministry of Finance The Department of Expenditure, Ministry of Finance has released monthly Post Devolution Revenue Deficit (PDRD) Grant of Rs. 6,195.08 crore to the States. This was the 11th instalment of the PDRD grant released to the States. So far, an amount of Rs. 68,145.91 crore has been released to eligible States as Post Devolution…...
Auction for Sale (Re-issue) of ‘3.96% GS 2022’, ‘5.15% GS 2025’, ‘5.85% GS 2030’ and ‘6.80% GS 2060’
Ministry of Finance The Government of India (GoI) has announced the Sale (Re-issue) of (i) ‘3.96% Government Security, 2022’ for a notified amount of Rs 2,000 crore (nominal) through price based auction, (ii) ‘5.15% Government Security, 2025’ for a notified amount of Rs 11,000 crore (nominal) through price based auction, (iii) ‘5.85% Government Security, 2030’ for a notified amount of Rs 11,000 crore (nominal)…...