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RBI extends date of issue of inflation index bonds to March 31

The minimum limit for investment is Rs 5,000 and the maximum limit is Rs 5 lakh per applicant per annum

December 31, 2013 11:26 IST | India Infoline News Service
The Reserve Bank extended the time for issuance of inflation indexed bonds to March 31, 2014 from earlier date of December 31, 2013.

"On review, now it has been decided to extend the issuance of Inflation Indexed National Saving Securities-Cumulative till March 31, 2014. The issuance can be closed earlier than March 31, 2014 with a prior notice," RBI said in a release.

The minimum limit for investment is Rs 5,000 and the maximum limit is Rs 5 lakh per applicant per annum.

Individuals, Hindu Undivided Family, charitable institutions and universities are eligible for subscription.



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