The Reserve Bank of India
The Reserve Bank of India

No gold shifted outside India in 2014 or thereafter, says RBI

ANI | Updated: May 03, 2019 23:40 IST

Mumbai [India], May 3 (ANI): The Reserve Bank of India (RBI) on Friday denied media reports that it had shifted part of gold holding in 2014 to other countries.
In a statement issued on Friday the RBI said, "It is a normal practice for Central Banks world over, to keep gold reserves overseas with Central Banks of other countries for safe custody. No gold was shifted by RBI from India to countries in 2014 or thereafter." (ANI)