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Gold Monetization Scheme to Boost Banks: Deven Choksey
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Gold Monetization Scheme to Boost Banks: Deven Choksey
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Published On: March 02, 2015
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Deven Choksey, MD of KR Choksey Securities, said banks may use the gold under the proposed monetization scheme in reducing their CRR and SLR requirements. This will help bank expand lending activities, he added.
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