RBI's SGB exit: Cashing out at Rs 12,827 per unit, cha-ching!

Listen up, future gold moguls! RBI just dropped the mic on SGB 2019-20 Series VII, letting you cash out after five years. With a redemption price of Rs 12,827, those who snagged it at Rs 3,795 are sitting on a cool Rs 9,032 per gram. That's a dazzling 238% return! So, get ready to trade your bonds for some serious bling, while keeping your tax game tight.




