RBI Circular regarding Gold Monetisation Scheme, 2015 - Amendment

Posted Date : 04-Nov-2015 , 08:28:25 am | Posted By CASANSAAR print

Listen to this Article

0:00

RBI/2015-16/224
DBR.IBD.BC.52/23.67.003/2015-16

November 3, 2015

All Scheduled Commercial Banks (excluding RRBs)

Dear Sir/Madam,

Gold Monetisation Scheme, 2015 - Amendment

In exercise of the powers conferred under Section 35A of the Banking Regulation Act, 1949, the Reserve Bank of India hereby directs that the Reserve Bank of India (Gold Monetisation Scheme, 2015) Master Direction No.DBR.IBD.No.45/23.67.003 2015-16 dated October 22, 2015 be modified as under:

The existing sub paragraph 2.1.2 (i) shall be amended as follows:

“The minimum deposit at any one time shall be 30 grams of raw gold (bars, coins, jewellery excluding stones and other metals). There is no maximum limit for deposit under the scheme.”

Rajinder Kumar
Chief General Manager

Category : RBI | Comments : 0 | Hits : 364

Also Read - Strengthening of Grievance Redress Mechanism in Banks - Review

RBI/2025-26/207 CO.CEPD.PRS.No.S1121/13-01-008/2025-2026 February 11, 2026 All Scheduled Commercial Banks (excluding Regional Rural Banks) Madam/ Dear Sir, Strengt...

Also Read - Voluntary Retention Route - Imparting predictability and increasing ease of doing business

RBI/2025-26/205 A.P. (DIR Series) Circular No. 21 February 06, 2026 To All Authorised Dealer Category-I banks Madam / Sir, Voluntary Retention Route – Imparting p...

Also Read - All Agency Banks to remain open for public on March 31, 2026 (Tuesday)

RBI/2025-26/204 DoR.CO.SOG(Leg) No.401/09.08.024/2025-26 February 03, 2026 All Agency Banks Madam / Dear Sir, All Agency Banks to remain open for public on...

Also Read - Reserve Bank of India (Rural Co-operative Banks - Cash Reserve Ratio and Statutory Liquidity Ratio) Amendment Directions, 2026

RBI/2025-26/203 DOR.RET.REC.400/12.01.001/2025-26 January 22, 2026 Reserve Bank of India (Rural Co-operative Banks – Cash Reserve Ratio and Statutory Liquidity Ratio) Amendment Di...

Also Read - Reserve Bank of India (Urban Co-operative Banks -Cash Reserve Ratio and Statutory Liquidity Ratio) Amendment Directions, 2026

RBI/2025-26/202 DOR.RET.REC.399/12.01.001/2025-26 January 22, 2026 Reserve Bank of India (Urban Co-operative Banks – Cash Reserve Ratio and Statutory Liquidity Ratio) Amendment Directions...