Indian Gold Book:Indian Gold Book - Gold Bars Worldwide
Indian Gold Book:Indian Gold Book - Gold Bars Worldwide
Indian Gold Book:Indian Gold Book - Gold Bars Worldwide
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BANKS<br />
SUMMARY OF GOLD CELL SERVICES<br />
7 of the 10 active banks have their <strong>Gold</strong> Cell headquarters in Mumbai.<br />
Bank <strong>Gold</strong> Cell <strong>Gold</strong> Cell Wholesaling <strong>Gold</strong> loans to fabricators <strong>Gold</strong><br />
HQ branches Minimum TT Deposit<br />
order Domestic Exporters Scheme<br />
Public Sector Banks<br />
State Bank of India Mumbai 31 50 1 kg plus 1 kg plus Yes<br />
Allahabad Bank Kolkata 7 100 1 kg plus In planning Yes<br />
Bank of India Mumbai 6 50 - 1 kg plus -<br />
Corporation Bank Mumbai 17 50 1 kg plus - Yes<br />
<strong>Indian</strong> Overseas Bank Chennai 7 100 1 kg plus 1 kg plus Yes<br />
Punjab National Bank New Delhi 12 100 - - -<br />
Foreign Banks<br />
ABN-AMRO Mumbai 8 100 - - -<br />
Bank of Nova Scotia Mumbai 5 100 - 3 kg plus Yes<br />
Standard Chartered Mumbai 9 100 - In planning -<br />
HSBC Mumbai 8 50 - In planning -<br />
64<br />
A secondary tier bullion dealer.<br />
Banks normally require a minimum order of 100 TT bars.<br />
AN INTRODUCTION TO THE INDIAN GOLD MARKET