RBI asks banks not to lend for purchase of gold in any form
MDT/PTI 20 November 2012

RBI says to dissuade people from indulging in speculative activity it asked banks not to give loans for buying gold in any form, including primary gold, gold bullion, gold jewellery, gold coins, units of gold ETF and units of gold mutual funds

 
Mumbai: The Reserve Bank of India (RBI) has directed banks not to give loans for purchase of gold in any form, including primary gold,...
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