January 08, 2018
The Chairman & Managing Director
7.75% Savings (Taxable) Bonds, 2018 – Amendments
Please refer to our Circular RBI/2017-18/114 IDMD.CDD.No.1671/13.01.299/2017-18 January 03, 2018, informing you about the issuance of 7.75% Savings (Taxable) Bonds, 2018 with effect from January 10, 2018 in terms of GoI notification F.No.4(28) – W&M/2017 dated January 03, 2018.
2. The GoI, has now issued a revised Notification F.No.4(28) – W&M/2017 dated January 08, 2018 (copy attached), notifying amendments to their original Notification dated January 03, 2018, the contents of which are self-explanatory. Receiving Offices may take note of these amendments while accepting subscriptions under the Scheme.
Encls: As above
Source: RBI Notification