Friday, April 8, 2016
Gold Monetisation Scheme, 2015- Modification
In case of MLTGD, the redemption of principal at maturity, shall be either in the rupee equivalent of the value of deposited gold at the time of redemption, or in gold. The option will be with the depositor.
Based on RBI Circular dt 31/03/16. Please visit www.rbi.org.in for any further clarification if required….. Poppy