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RBI mandates Tata Sons IPO, overriding family opposition
FDLO·IN · NL·2 days ago
The RBI announced the premature redemption price for SGB 2019-20 Series IV, due September 17, 2026, based on the simple average of gold closing prices over the previous three business days. This is a routine administrative update for a government gold bond scheme, with no market-moving implications beyond the specific redemption mechanics.