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Home News News and Press Release Month 8 2013 2013 (8) This

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No Proposal to convert Idle Gold into Bullion: RBI clarifies

31-8-2013

Contents

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

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