Informative

RBI discontinues Medium and Long-Term Gold Deposits Under Gold Monetization Scheme

Update / Judgement Date

26 Mar 2025

Source

Taxscan

Author

Team — WCP Legal Desk

Reading Time

1 min read

Other Legal MattersRBI

The RBI discontinued medium and long-term gold deposits under the Gold Monetization Scheme. This decision aims to streamline the gold monetization process. The move reflects the RBI's efforts to optimize its gold management policies. The policy will affect individuals and entities depositing gold. The RBI is changing gold deposit policies.

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RBI discontinues Medium and Long-Term Gold Deposits Under Gold Monetization Scheme

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