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The Times of India

Business

PTI

RBI issues norms for import of gold by qualified jewellers

RBI Gold IIBX India IFSCA Mumbai

MUMBAI: The RBI on Wednesday came up with norms for facilitating physical import of gold through India International Bullion Exchange IFSC (IIBX) or similar authorised exchange by Qualified Jewellers in India.

In addition to agencies nominated by the RBI and by DGFT, Qualified Jewellers (QJ) as approved by International Financial Services Centers Authority (IFSCA) were permitted to import gold in January.

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