India has pledged 1,800 tonnes of gold | gold loan| gold loan interest rate| gold loans| hassle free loans| instant money transfer| jewellery loans| quick car loans| quick loans| vehicle loan
by Dreeme Kochi on Jun 24, 2011
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India has pledged 10 per cent of the total gold stock of 18,000 tonnes, according to the latest ImaCS Industry report. ...
India has pledged 10 per cent of the total gold stock of 18,000 tonnes, according to the latest ImaCS Industry report.
Of the 1,800 tonnes pledged gold, 75 per cent is with the unorganised market, which comprises of moneylenders and pawnbrokers and the balance 25 per cent with the organised players like specialised NBFCs, other NBFCs, commercial and cooperative banks.
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