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Gold Deposit Scheme (GDS): Salient Features Include-All Designated Banks can Operate GDS as per Guidelines Issued by RBI; Banks Issue a Passbook/Certificate to Depositor; Resident Indians Can Invest etc.

Dated:- 24-7-2015 - The Central Government, with a view to bring privately held stock of gold in circulation, to reduce the country s reliance on import of gold and to provide its owners with some income apart from freeing them from the problems of s .....

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Guidelines issued by the Reserve Bank of India (RBI). Gold (bars, coins, jewellery etc) is accepted in scrap form only. Resident Indians may invest in GDS. The banks issue a passbook or certificate for deposit of gold to the depositor. The Gold Certi .....

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