MANU/RPRL/0094/2016

Ministry : Reserve Bank of India

Department/Board : RBI

Press Release No. : 2015-2016/2284

Date : 29.03.2016

Subscription to Special Securities under UDAY Closed for Bihar, Jharkhand and Punjab

The Reserve Bank of India today announced that the subscription to the Special Securities of Bihar, Jharkhand and Punjab stands closed. The Special Securities under UDAY are being issued by State Governments of Bihar, Haryana, Jammu & Kashmir, Jharkhand, Punjab and Rajasthan.

It may be recalled that the Reserve Bank had advised market participants who are interested in subscribing to the Special Securities under Ujjwal Discom Assurance Yojna (UDAY) Scheme through private placement route to approach the Internal Debt Management Department, Reserve Bank of India, Central Office latest by March 30, 2016.

Alpana Killawala
Principal Adviser