Money & Banking

Dhanlaxmi Bank enters gold retailing

Our Bureau Mumbai | Updated on July 04, 2011

Old-generation private sector bank Dhanlaxmi Bank entered the gold retailing business with the launch of ‘Dhan' gold coins. The 24-carat gold coins will be available in a tamper-proof pack in two denominations of 5 and 10 grams at the bank's 275 branches across the country, said a press release issued on Monday.

‘Dhan' gold coins with a purity of 99.99 per cent will carry Assay certification, signifying highest purity of gold according to international standards. The pure gold coins will be imported from Switzerland-based PAMP S.A. Geneva (Produits Artistiques Metaux Precieux), one of the world's premier gold refiners.

Published on July 04, 2011

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