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Gold/Mining/Energy : Gold Price Monitor
GDXJ 114.30-0.5%Dec 12 4:00 PM EST

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To: long-gone who wrote (47716)1/31/2000 9:21:00 AM
From: Alex  Read Replies (2) of 116814
 
Good response to SBI gold deposit scheme

MADURAI: The response to the Union Government's gold deposit scheme was "very good" with the State Bank of India, Tamil Nadu circle, netting in gold worth Rs 450 crores since its launch eight months ago, bank circle Chief General Manager (CGM) B Ramachandra Rao said.

Talking to newsmen here, he said the circle had fixed the gold deposit target at 300 tonnes. Various temples which had "idle" gold in their custody had come forward to deposit them in the bank after getting the permission from the government. UNI report.

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