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Gold monetisation

03 Apr 2016

Govt modifies Gold Monetisation Scheme; allows investors to redeem deposits in gold

To make the Gold Monetisation Scheme more attractive, the government has allowed investors to redeem the deposits in gold also.

23 Oct 2015

Aapka Bazaar: Guidelines imposed on Gold Monetisation

05 Oct 2015

Gold monetisation, bond schemes to be launched in November: Govt

Government will next month launch two gold schemes - monetisation and sovereign bond - to rein in demand for physical gold and contain its import.

09 Sep 2015

Govt approves Gold Bond, Gold Monetisation schemes

Through the Gold Monetisation Scheme, gold in any form can be deposited with banks for a period of one to 15 years that will earn interest while redemption will be at the prevailing value at the end of the tenure.

15 Sep 2015

India unveils two gold schemes for deposits, sovereign bonds

In a bid to tap the vast amount of idle gold with people and put it to productive use, two schemes were on Wednesday unveiled by the Indian government -- one on physical deposit of the metal against its rupee value on paper and the other for issuing sovereign bonds.

15 Sep 2015

Now, get tax-free interest on gold deposits

The Cabinet on Wednesday approved the gold monetisation scheme, which proposes to offer tax-free interest to individuals on depositing the yellow metal with banks.

Finance Ministry

04 Aug 2015

FinMin moves Cabinet note on gold monetisation scheme

The Finance Ministry has moved a Cabinet note on the proposed gold monetisation scheme that will enable depositors to earn interest on their on their gold accounts.

25 Apr 2015

Double digit growth more attractive: Federal Bank

Double digit growth would be more attractive than the existing single digit growth, Managing Director and CEO of Federal Bank Shyam Srinivasan said on Saturday.

Gold deposit scheme

01 Mar 2015

Gold deposit scheme can fetch Rs 1 trillion: SBI Research

Describing the proposed gold deposit scheme as "game changer", the SBI's economic research department has said it will help attract at least Rs 1 trillion in deposits on the precious metal.

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