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Core Purpose

Notification cancelling part of the outstanding Non-interest bearing Government of India IDBI Special Security, 2024.

Detailed Summary

Issued by the Ministry of Finance (Department of Economic Affairs, Budget Division) on 19 July 2023 (F. No. 4(4)-B(W&M)/2018), this notification records the Government of India's cancellation of a part of the outstanding Non-interest bearing Government of India IDBI Special Security, 2024, for an aggregate nominal amount of Rupees One Thousand Sixty Four Crore and Twenty Seven Lakhs only (Rs.1064.27 crore), with the date of cancellation being 31 March 2022; the notification is issued by order of the President of India and signed by Ashish Vachhani, Additional Secretary.

Full Text

EXTRAORDINARY PART I—Section 1 PUBLISHED BY AUTHORITY No. 177] NEW DELHI, WEDNES DAY, JULY 19, 2023/ASHADHA 28, 194 5 CG-DL-E-19072023-247463 MINISTRY OF FINANCE (Department of Economic Affairs ) (BUDGET DIVISION) NOTIFICATION New Delhi, the 19th July, 2023 Subject : Cancellation of a part of outstanding stock of Non -interest bearing Government of India IDBI Special Security, 2024. F. No. 4(4)-B(W&M)/2018 .—Government of India, hereby notifies cancellation of Non -interest bearing Government of India IDBI Special Security, 2024 (hereinafter briefly described as “the Special Security”) for an aggregate amount of Rupees one thousand sixty four crore and twenty seven lakhs only (₹1064.27 crore) [nominal]. 2. Date of Cancellation The date of cancellation of the Special Security by the Government of India shall be the March 31, 2022. By Order of the President of India , ASHISH VACHHANI, Addl. Secy. Uploaded by Dte. of Printing at Government of India Press, Ring Road, Mayapuri, New Delhi -110064 and Published by the Controller of Publications, Delhi -110054.

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