Gold deposit schemes in banks tweaked, mutual funds invited by RBI to lure investors

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PTI: New Delhi, Feb 14 2013, 19:38 IST
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till December stood at USD 38 billion. In 2011-12 fiscal, the import was USD 56.5 billion.

A RBI committee had also suggested that government impose limits on gold import by banks and other institutions, which account for 56 per cent of the total gold import.

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