Press Releases

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Date : Aug 31, 2013
No Proposal to convert Idle Gold into Bullion: RBI clarifies

There have been some news stories in the media in the last couple of days about the Reserve Bank of India discussing/considering various options of converting idle gold, including that available with temple trusts, into bullion.

The Reserve Bank clarifies that no such proposal is under its consideration at this juncture.

Alpana Killawala
Principal Chief General Manager

Press Release : 2013-2014/458


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