Reserve Bank of India said on Saturday the government will not pay any interest on relief bonds that had matured but not encashed after February 28, 2003.
The central bank, in a statement said, it has advised investors to present the matured relief bonds under various schemes for encashment.
This applies to nine per cent Relief Bond 1987, 10 per cent Relief Bond 1993, nine per cent Relief Bond 1993 and 10 per cent relief bond 1995, it said.
RBI has also issued advices to all individual investors holding matured bonds for immediate encashment, it added.
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