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Is there a bond in ONGC?

Posted on July 4, 2021 by Author

Is there a bond in ONGC?

These bonds, bearing a fixed coupon of 2.75\% per annum and guaranteed by parent ONGC, are up for repayment in July.

What is the bond period in ONGC?

A bond shall be secured from the concerned person at the time of his/her employment/ retirement/ resignation as functional Director/Chief Executive in the Company for an amount equivalent to basic pay drawn by the Functional Director/Chief Executive during last six months to be payable by him/her as damages for any …

Is there any bond in ONGC Quora?

Does ONGC have a service agreement bond when you join as an AEE through GATE? – Quora. , Assistant Executive Engineer (Production) at Oil and Natural Gas Corporation Ltd. No, ONGC does not have a service agreement bond.

Is there any bond in PSU?

But however if the company has spent money on your training then you are liable to pay the money. However if no training was imparted by organisation then the bond is illegal.

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Does HPCL have bond?

For HPCL, the number is over 37 lakh while for BPCL, it was 4 series of bonds. The total current outstanding of oil bonds is about ₹1.30-lakh crore, out of which ₹10,000 crore is to be repaid this fiscal and the balance in the next five years.

Do government jobs have bonds?

Government has made it mandatory for its employees going on study leave to sign a bond confirming their commitment to join back. At present, an employee executes a bond committing to pay loans or money incurred on him by the government before proceeding on study leave.

Is there a bond in NTPC?

“NTPC has decided to issue unsecured non-convertible bonds in the nature of debentures of Rs 3,000 crore on 13th September 2021, through private placement at a coupon of 6.69 per cent per annum with a door to door maturity of 10 years,” a BSE filing said. The bonds are proposed to be listed on the BSE.

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What is ONGC AEE?

ONGC Assistant Executive Engineer (AEE) Salary.

Is Gate compulsory for ONGC?

For engineers, masters holders etc, gate is the only door to enter ONGC at grade A level post. For other positions and vacancy, u can look on their website. For other post , they have different recruitment process.

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