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RBI looks to speed up repatriation of gold held abroad
Mint Bangalore
|October 30, 2025
RBI's move will enhance control on India's bullion assets.
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The Reserve Bank of India (RBI) now holds more than 65% of its gold reserves at home, nearly double the share from four years ago, accelerating the repatriation of the precious metal after Western nations froze Russia’s reserves following the invasion of Ukraine.
The RBI brought back nearly 64-tonnes of gold inthe first sixmonths of the financial year that began in April, itsaid ina half-yearly report on foreign exchange reserves Tuesday.
This story is from the October 30, 2025 edition of Mint Bangalore.
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