Saturday, February 9, 2013

Don’t allow loans for gold buy: RBI tells co-op banks

......“In view of the concerns…,it is reiterated that state and central co-operative banks should not grant any advance for purchase of gold in any form, including primary gold, gold bullion, gold jewellery, gold coins, units of gold Exchange Traded Funds (ETF) and units of gold Mutual Funds,” RBI said in a notification............

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