Does India need a gold bank? The debate has been stirred alive by a working group of the Reserve Bank of India (RBI) after more than two decades. The government had proposed the idea of setting up a gold bank back in 1992. The idea was in cold storage for long until the worrisome contribution of gold imports to the current account deficit last year prompted the central bank to constitute a working group to look into the rising demand for the yellow metal...........
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