HOW TO UNDERSTAND ?
· Reserve bank of india announced Sovereign Gold Bond Scheme 2016-17 – Series IV on 23.02.2017. The same was communicated to the downline vide DO NO.36-04/2017 –BD & MD dtd 23.02.2017 i.e. on the day of announcement itself.
At the same time
· Ministry of Finance, Dept.of Expenditure in its Memorandum F.No S-11012/2/3(17)/RBI/2015/RBD/74-124 dtd 23.02.2017 communicated to all the departments regarding payment of salaries on 27.2.2017 for the month of February 2017 on account of Strike call given by United Forum of Bank Unions.
But, the same was not communicated so far to the downline. Hence,
HOW TO UNDERSTAND ?
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