Bloomberg News

Funds Can Earn Interest Lending Gold to Banks, IDBI Mutual Says

January 21, 2013

Demand for gold may fall because of tax increase, says <a href="custom:bloomberg:%3CF%23%3E1%3CNSN%3EMGZ5GU1A1I4K%3CGO%3E">IDBI Mutual CEO Debasish Mallick. </a>* India to allow mutual funds to deposit gold with banks * India Raises Import Duty on Gold, Platinum, Mayaram Says NSN MGZ3U76S9728 <GO>

To contact the reporter on this story: Santanu Chakraborty in Mumbai at schakrabor11@bloomberg.net

To contact the editor responsible for this story: Darren Boey at dboey@bloomberg.net


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